Express

Venezuela To Use Petro Cryptocurrency For Oil Sales, Maduro Says

Summary: Venezuela will sell oil and part of the gold it produces for its national petro cryptocurrency, the country's President Nicolas Maduro said."We will sell Venezuelan oil in exchange for petros. We already sell Venezuela's iron ore and steel for petros. We have already signed contracts for the sale of oil, steel, iron and aluminum, and ...

Venezuela will sell oil and part of the gold it produces for its national petro cryptocurrency, the country's President Nicolas Maduro said.
"We will sell Venezuelan oil in exchange for petros. We already sell Venezuela's iron ore and steel for petros. We have already signed contracts for the sale of oil, steel, iron and aluminum, and we will sell part of the gold for petros," El Nacional newspaper quotes him as saying.

Tracy Chen