The Venezuelan cryptoactive will be able to be used to acquire goods or services and will be exchangeable for fiduciary money and other cryptoactives through digital exchange houses
Carlos Delgado.- The President of the Republic, Nicolás Maduro, made different announcements during the launch of the Cryptocurrency, the petro, which will seek to combat the financial blockade, attract investments and generate a new mechanism for the payment of goods and services. The National Executive, stressed that unlike the more than 1,500 existing cryptocurrencies worldwide, Petro is the only one that has physical support to be supported with 5,342 million barrels of field 1 of the Ayacucho Block of the Orinoco Oil Belt. The Venezuelan cryptoactive will be able to be used to acquire goods or services and will be exchangeable for fiduciary money and other cryptoactives through digital exchange houses. These were the announcements of President Nicolás Maduro