Venezuela’s Cryptocurrency Mining Ban Damages Industry Maduro Once Supported
Venezuela’s ban on cryptocurrency mining has severely damaged the industry that President Nicolás Maduro once supported. Back in March, the state regulators ordered a halt on mining cryptocurrencies after an investigation into a corruption scheme in which crypto wallets redirected payments owed to the state-run oil company Petróleos de Venezuela. So far, around 80 people have been arrested in…