Following Nicolás Maduro’s ouster, attention has turned to Venezuelan opposition leader María Corina Machado’s potential return, and with her, the prospects for Bitcoin (CRYPTO: BTC) in the oil-rich nation.
Machado Called Bitcoin ‘Lifeline’ For Venezuelans
Machado, who won the Nobel Peace Prize for her efforts to advance democracy in Venezuela, is a known Bitcoin advocate.
In a 2024 interview, she described the apex cryptocurrency as a “lifeline” for Venezuelans during periods of hyperinflation.
Machado envisioned Bitcoin as part of national reserves in a “new” Venezuela.
Venezuela’s Crypto Adoption
Venezuela has aFull story available on Benzinga.com
