Venezuela initiates the use of cryptos as a method for free national, international payments, claims President Maduro

2019-10-1 14:00

South America’s Venezuela has been recording hyperinflation over the past few months, sending its struggling economy on a downward spiral. However, economic conditions have allowed Venezuela and its citizens to finally embrace cryptocurrencies.

The attempt to incorporate cryptocurrency went so far that the President of the country, Nicolas Maduro, launched the world’s first sovereign cryptocurrency, […]

The post Venezuela initiates the use of cryptos as a method for free national, international payments, claims President Maduro appeared first on AMBCrypto.

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venezuela maduro president cryptos initiates cryptocurrency use

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2019-2-3 22:43


Venezuela to Use Petro Cryptocurrency in International Oil Trade

The government of Venezuela recently announced the intended sale of its oil using the Petro cryptocurrency to circumvent U. S economic sanctions come 2019. Circumventing U. S. Sanctions According to Venezuela-based satellite tv, TeleSUR, Venezuelan President, Nicolas Maduro announced that country would create a basket of cryptocurrency for oil-backed state cryptocurrency, Petro.

2018-12-8 12:14


Venezuela President Tells Citizens To Invest In Petro Cryptocurrency and Gold With Bonuses

Venezuela’s President Tells Citizens To Invest In Gold And The Petro Crypto Nicolas Maduro, the president of Venezuela, has been reported by the local media outlet Noticiero Digital to go to television and ask workers to invest in gold and in the Petro, the new state-backed cryptocurrency which will allegedly be backed by Venezuelan oil. […]

2018-10-19 22:14


Фото:

Venezuela Officially Launches State-Backed Petro, Passport Fees Now via Crypto-Only

Venezuelan President Nicolas Maduro officially launched the Petro, a state, and oil-backed cryptocurrency. According to the RT article published on October 8, 2018, while the goal of the state-backed cryptocurrency is to consolidate Venezuela’s economic stability, experts and analysts, however, remain skeptical and question whether oils and minerals back the token.

2018-10-8 17:00


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