Use of Petro for salaries, goods, and services

Petro- Cryptocurrency News

The national cryptocurrency, Petro, is to be used as a unit of account in Venezuela. The government is also intending to bring a new salary system and goods and services pricing mechanism anchored to the cryptocurrency. The president Nicholas Maduro affirmed, “As of next Monday, Venezuela will have a second accounting unit based on the price, the value of Petro.”

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