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Venezuela

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The cryptocurrency industry in Venezuela has been thrown into chaos as the country’s new Superintendent of Cryptoassets has ordered the closure of all registered cryptocurrency exchanges and mining farms. This move comes in the wake of the arrest of Joselit Ramirez, the former Superintendent of Cryptoassets, who was targeted with a $5 million bounty by the United States government for alleged involvement in money laundering and supporting Hezbollah. The closure of exchanges and mining farms…