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2.7 TRILLION Bolivars: Venezuela Bitcoin Trading Hits All-Time

  • Published on: Apr 16, 2018 - 7:06 AM
  • Source: Bitcoinist

2.7 TRILLION Bolivars: Venezuela Bitcoin Trading Hits All-TimeVenezuela Localbitcoins users traded a record 2.7 trillion bolivars in the week ending April 14, new data shows. $55 Million A Week In Bitcoin Coming just after the debt-ridden country’s parliament formally approved a law requiring all government institutions to accept its Petro cryptocurrency by July, the astonishing numbers dwarf any other week since records began in 2013. Trading figures are compiled by monitoring site Coin Dance, which uses official exchange rates for the US dollar, putting the hard currency equivalent at around $55 million. By comparison, the previous week saw $35 mill …

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