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Venezuelan Cryptocurrency Exchange Criptolago Launches Support for Offline Bitcoin Transfers

Ramsey Baker

Summary: Criptolago, the Venezuelan cryptocurrency exchange, has released a text message-based payment system that will be able to process transactions in Venezuela’s oil-backed Petro (PTR) and other cryptocurrencies. According to a tweet from the exchange, the initiative was developed in response to a call by President Nicolas Maduro, who urged companies to create payment mechanisms parallel ...

Criptolago, the Venezuelan cryptocurrency exchange, has released a text message-based payment system that will be able to process transactions in Venezuela’s oil-backed Petro (PTR) and other cryptocurrencies.

According to a tweet from the exchange, the initiative was developed in response to a call by President Nicolas Maduro, who urged companies to create payment mechanisms parallel to the traditional banking system.

By Ramsey Baker

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Link: Venezuelan Cryptocurrency Exchange Criptolago Launches Support for Offline Bitcoin Transfers   [Copy]
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