Venezuelans turn to stablecoins as Government arrests Instagram FX rate account mods

Venezuela’s government has arrested at least 20 moderators of the popular Instagram page “Monitor Dólar,” accusing them of terrorism, money laundering, and fraud for publishing the widely used para...

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Venezuelans turn to stablecoins as Government arrests Instagram FX rate account mods

Source: CryptoSlate

Venezuela’s government has arrested at least 20 moderators of the popular Instagram page “Monitor Dólar,” accusing them of terrorism, money laundering, and fraud for publishing the widely used parallel exchange rate, Interior Minister Diosdado Cabello has reported.. The sweep, which began in night‑time raids on May 29, revives tactics last seen during the country’s 2013‑18 hyper‑inflation […]