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Bitcoin and gold are at the same price, the metal having lost 10 percent amid concerns Venezuela will convert billions of dollars’ worth to repay debts.
SurBitcoin, the largest bitcoin exchange in Venezuela, will officially resume fiat-to-bitcoin trading by next week after solving its disputes with a major Venezuelan bank Banesco.
The number of Venezuelan bitcoin users has doubled and the trading volumes of Venezuelan bitcoin exchanges have increased substantially since 2014.
SurBitcoin, the first Bitcoin exchange platform in Venezuela, announced its launch on August 15 during the Impact Hub Caracas Bitcoin conference.
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