Venezuela and the Hidden $60B+ Bitcoin ReserveMarkets have always focused on Venezuela’s $17 trillion in oil reserves. But a critical reality has been largely overlooked: Venezuela is likely one of the largest active holders of Bitcoin in the world. According to intelligence reports, starting in 2018, the Venezuelan regime systematically began accumulating #BTC and #USDT — through gold swaps and by forcing oil export settlements in USDT to bypass international sanctions. After the failure of ...

Venezuela and the Hidden $60B+ Bitcoin ReserveMarkets have always focused on Venezuela’s $17 trillion in oil reserves. But a critical reality has been largely overlooked: Venezuela is likely one of the largest active holders of Bitcoin in the world. According to intelligence reports, starting in 2018, the Venezuelan regime systematically began accumulating #BTC and #USDT — through gold swaps and by forcing oil export settlements in USDT to bypass international sanctions. After the failure of ...