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http://coindesk.com/policy/2024/07/29/venezuelas-election-body-says-nicolas-mad…

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Venezuela's election body has announced that Nicolas Maduro has been reelected President of the nation, even though the opposition has claimed victory too, according to reports . The South-American country's dependence of crypto has been fuelled by a dire economic situation, international sanctions, and nearly 8 million citizens fleeing the country in the past decade. It is one of the primary remittance-dependent nations in the continent with over $461 million in remittances in 2023 coming through cryptocurrencies, according to blockchain analysis firm Chainalysis. Venezuela's state-owned oil company, PDVSA, even looked...