Banks Ordered to Adopt Crypto in Venezuela
As an effort in combating the country’s severe political and economic crisis, the Venezuelan President, Nicolas…
App to convert Bolivar to Bolivar Soberano
The Banco Central de Venezuela has unveiled an Android application to support the residents in the…
Wage and Exchange rate linked to Petro in Venezuela
Nicolas Maduro, the Venezuelan President, has declared the plan to link the national currency exchange rate…
Use of Petro for salaries, goods, and services
The national cryptocurrency, Petro, is to be used as a unit of account in Venezuela. The…
Sovereign Bolivar to come into circulation in August
The crypto-backed national currency is to come into circulation from August 20th in Venezuela. The sovereign…
Venezuela to use Petro for funding house construction
Ildemaro Villarroel, the Venezuelan Minister of Habitat and Housing, declared that their national cryptocurrency is to…
Russian Bank Supports Venezuelan National Crypto Despite U.S Sanctions
One of the biggest commercial banks in Russia, Evrofinance Mosnarbank has become the only international financial…
20,000 Petro Spent in Establishing Venezuelan Digital Crypto Bank
Venezuela has been optimistic and progressive when it comes to the development of its oil-backed cryptocurrency….
A Seven-Star Hotel to take Petro Payments
Humboldt hotel which is located in the Waraira Repano National Park is to be the first…
Venezuela to have Digital Cryptocurrency Bank
Nicolas Maduro, the President, has declared the establishment of a digital cryptocurrency bank for the benefit…
