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Venezuela’s oil company, PDVSA, is considering switching from hard cash to bitcoin and ether as payment means for its suppliers, Bloomberg reports, citing people in the know who declined to provide their names. According to the report, Venezuela’s central bank is studying whether it can stock up on the cryptocurrencies and include them in its foreign exchange reserves. To date, according to Bloomberg, these have slumped to just $7.9 billion. Venezuela launched its own cryptocurrency, the petro, last year, to much local fanfare. The…

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