"Venezuelan's economic situation is increasingly difficult, cryptocurrencies from relatives abroad are skyrocketing to support life. In 2023, cryptocurrencies account for 9% of the total 5.4 billion USD in remittances, equivalent to 461 million USD . Have you ever sent money to your family via crypto? 🌍#CryptoNews#Venezuela

The Venezuelan government created the national cryptocurrency "Petro" to circumvent US sanctions. However, the Petro is not widely accepted due to suspicions of corruption and is not a legal currency in the country.

Venezuela is also facing energy shortages. In May 2024, the government announced a ban on cryptocurrency mining, saying this activity puts great pressure on the national power grid. What do you think about this? Please leave your opinion below in the comments section!#CryptoBan#EnergyCrisis"