Nicolas Maduro, the Venezuelan president, may be more crypto-savvy than expected. After attempting the stunt with a national oil-backed crypto coin, the Petro, which never actually materialized, it has come to light that Maduro may have used solid digital coins to move funds out of the country and save his fortune from the hyperinflation everyone else suffered from.
Spanish media reported that a special company, Jetman Pay, was created to gather and hold international money inflows from tourist tax and charges on airline companies. This is one of Venezuela’s most certain inflows of hard currency. Part of the...