05/07/19 07:00 UTC-4

The President of Venezuela, Maduro, ordered the National Bank to accept Petro

CryptocurrencyBanco de Venezuela accepts Petro
Banco de Venezuela accepts Petro

On July 4, Venezuelan President Nicolas Maduro ordered the Bank of Venezuela to begin accepting Petro, the national cryptocurrency of Venezuela, – Twitter of the Ministry of People's Power of Economy and Finance of Venezuela.


Accepting Petro's cryptocurrency

It is reported that Maduro announced the introduction of cryptocurrency during the celebration of the 10th anniversary of Banco de Venezuela, the country's national bank.

Interesting in the section: Petro – Venezuelan cryptocurrency. Token features

Shortly after the announcement, the Ministry of Finance issued a statement in support of this idea. Twitter says, "direct orderOrder
– automatic application to buy or sell cryptocurrency. Orders are used during trading on the stock exchange to open and close a position. Details
to add Petro in all branches of the Bank of Venezuela".

Maduro has been trying to push Petro to the nation for some time. So far, it seems that general adoption is taking place slowly, despite efforts to create a regulatory framework for the development of the national cryptocurrency infrastructure.

Maduro introduces the Petro national cryptocurrency in Banco de Venezuela. Recall, March 21, Maduro announced the mandatory commission for transfers of cryptocurrency into Venezuela in the amount of 15%. On March 18, the local edition of the Caracas Chronicles talked about how money transfers happen, and how Venezuelans are forced to use Bolivars and El Petro.

Editor: Yuliya Soroka

See also: "Ethereum, EOS and Cardano overtook Bitcoin in the FCAS 25 rating"

#Maduro #cryptocurrency #Petro #bank



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