Venezuela Expands Scope of its Remittance Platform With Bitcoin & Litecoin

Source: Adobe/Zerophoto

The Venezuelan government is set to overhaul its crypto-compatible remittances platform Patria – allowing full operability with bitcoin (BTC) and litecoin (LTC) wallets.

The platform allows individuals based overseas to send remittances to family and friends based in Venezuela – and also enables domestic remittances to be made in crypto. Its operators claim Patria has some 20 million users.

Crypto remittances have become increasingly popular in the nation,…

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