We All Need to Stop Only Seeing the Dark Side of Crypto. In so | 🛡Crypto Avengers Announcements

We All Need to Stop Only Seeing the Dark Side of Crypto. In some parts of the developing world, cryptocurrency is changing lives for the better

Crypto has deeply penetrated the country to the extent that Cuba's Communist Party, a conservative Marxist institution not known for its technological savviness, has instructed the Central Bank of Cuba to regulate the use of cryptocurrencies and to study how they can be used to help the government avoid US sanctions.

While crypto adoption in Cuba has been a bottom-up phenomenon, in El Salvador Bitcoin has been proclaimed legal tender by the country's controversial president, Nayib Bukele.

Due to currency controls, Venezuelan banks are not connected to the rest of the world, and therefore Bitcoin is used to move value in and out of the country using peer-to-peer markets where people can easily exchange Bitcoin for cash.

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