According to Bloomberg, as the immigration crisis worsens, cryptocurrency transfers in Venezuela have surged. In 2023, immigrants sent $5 billion in remittances, of which 9% was in cryptocurrency.
9% of Venezuelan immigrants’ remittances in 2023 are in cryptocurrencies
![](https://public.bnbstatic.com/image/pgc/202303/b79ad6e3d66b98bb791352b3abb6de2c.jpg)
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