Express

Venezuela Will Use Cryptocurrency Petro to Calculate Social Welfare Benefits

Amy Liu

Summary: Venezuelan President Nicolas Maduro said that the government has approved the use of the cryptocurrency Petro as the basis for calculating social welfare benefits to tackle inflation. By Amy Liu

Venezuelan President Nicolas Maduro said that the government has approved the use of the cryptocurrency Petro as the basis for calculating social welfare benefits to tackle inflation.

By Amy Liu

Last Update:

Tags: ,,
Link: Venezuela Will Use Cryptocurrency Petro to Calculate Social Welfare Benefits   [Copy]
  • BTC Weekly Watch: Is the Rebound "Feast" Nearing Its End? 9 days ago
  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? 16 days ago
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 19 days ago
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 22 days ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 26 days ago
  • You need to login to comment.