Venezuela converts airport taxes into Bitcoin to evade US sanctions

30 July 2019

Venezuela converts airport taxes into Bitcoin to evade US sanctions

A report by Spanish newspaper ABC has suggested that the Venezuelan administration has created a scheme to turn tax revenue generated from Maiguetia International Airport, Caracas into Bitcoin through a digital wallet app in...

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Maya Lester KC is a senior barrister (King’s Counsel) at Brick Court Chambers with a wide-ranging practice in public law, European law, competition law, international law, human rights & civil liberties. She has a particular expertise in sanctions...

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