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Sanction-Hit

Sanction-Hit Venezuela’s First Crypto ATM Raises Fears for Bitcoin

Venezuela’s largest department store chain Traki has installed a Bitcoin ATM on one of its premises. The joint effort led by Traki’s blockchain wing CriptoTraki and a local cryptocurrency exchange Twenty is enabling Venezuelans to purchase bitcoin via the US dollar. Local news source Union Radio reported that Traki is running a “one-way” pilot test,…