Venezuela Sets Bitcoin Trading Record With New Hyperinflated Banknotes

2019-6-17 11:00

New currency reforms in Venezuela accompanied a decisive surge in Bitcoin trading this week, with informal markets setting new all-time highs. Bitcoin Boom As Central Bank Re-adds Zeros Data from monitoring resource Coin Dance reveals that in the seven days ending June 15, Venezuelans transacted over 46 billion sovereign bolivars (VES) on P2P Bitcoin exchange Localbitcoins.

The figure stands far above the previous record of 40. 9 billion VES set earlier in May. As Bitcoinist has

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