Express

Venezuelan President Announces Cryptocurrency Petro Is Usable In Oil Sales

Roland James

Summary: Venezuelan President Nicolas Maduro announced that the national cryptocurrency Petro will now be usable for oil sales, according to the TASS report. According to Maduro the government of Venezuela has been successfully introducing its cryptocurrency into Venezuelan’s daily lives. Oil joins iron, steel, aluminum and part of the gold that is used to produce Petro ...

Venezuelan President Nicolas Maduro announced that the national cryptocurrency Petro will now be usable for oil sales, according to the TASS report.

According to Maduro the government of Venezuela has been successfully introducing its cryptocurrency into Venezuelan’s daily lives. Oil joins iron, steel, aluminum and part of the gold that is used to produce Petro in being available for purchase with Petros. With the country facing record hyperinflation Maduro has been pushing for the adoption of Petro.

By Roland James

Last Update:

Tags: ,,,
Link: Venezuelan President Announces Cryptocurrency Petro Is Usable In Oil Sales   [Copy]
Next:

Related Articles

  • Bitcoin Weekly Analysis: Volume-Price Divergence and High-Level Consolidation Anticipat... 16 hours ago
  • Will Introduction of the Stablecoin Act Trigger a Financial Tsunami? 2 days ago
  • Trump Just Opened the Floodgates: What Happens When $9 Trillion in Retirement Money Hit... 5 days ago
  • US Crypto Stash Shock: Marshals' Low BTC Count Fuels 'Secret Sale' Debate, Ignites Buyb... 6 days ago
  • Mini Altcoin Season Brewing? Old Guard's Rally Signals Potential Shift 8 days ago

    • You need to login to comment.