Banknote Blog

Venezuela’s New Digital Bolivar Isn’t Digital, and It Won’t Solve the Country’s Economic Crisis In view of the hyperinflation in the Latin American country, the government decided to remove six zeros from the currency and issue a new bolivar. For a third time.The Venezuelan government launched a digital bolivar last Friday, and it is already generating uncertainty and nervousness, several locals told CoinDesk. The new bolivar appears to be yet another attempt by the government to combat hyperi …