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Tag: Venezuela crypto sanctions

How Venezuela Uses Crypto to Bypass Sanctions
6 October 2025 Rebecca Andrews

How Venezuela Uses Crypto to Bypass Sanctions

Venezuela uses cryptocurrency - especially USDT and Bitcoin - to bypass U.S. and EU sanctions, turning crypto into a lifeline for citizens and a weapon for the regime. Oil sales, OTC brokers, and state-run exchanges fuel a hidden economy that global sanctions struggle to stop.

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