Two days ago, Venezuela’s President, Nicolás Maduro, ordered the nation’s banks to adopt the Petro digital currency, so now Venezuelan banks must accept Petro.
In a bid to reform the nation and alleviate the current Venezuelan economic crisis, Maduro is trying to get the Petro coin recognized as Venezuela’s second currency and now banks within the nation must accept the coin.
The hope is that by fixing the nation’s fiat currency to the newly created Petro, financial stability will be possible.
Venezuelan Banks Must Accept Petro
Venezuela’s economic situation is dire. By …
Read The Full Article On CryptoCurrencyNews.com
Get latest cryptocurrency news on bitcoin, ethereum, initial coin offerings, ICOs, ethereum and all other cryptocurrencies. Learn How to trade on cryptocurrency exchanges.
Powered by WPeMatico
Leave a Reply