International Sanctions Circumvention

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Venezuela Just Opened the Crypto Floodgates—And It Could Change How Sanctioned Nations Do Business Forever
Yahoo Finance· 2025-09-15 07:01
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. The cash-strapped Venezuelan government just quietly unleashed a cryptocurrency revolution that could rewrite the playbook for how sanctioned nations survive economic warfare. As U.S. restrictions choke off traditional dollar flows, Venezuela President Nicolás Maduro's regime is betting big on dollar-pegged digital currencies to keep its economy breathing—and the implications stretch far beyond Caracas. Si ...