Tag: the Petro

Venezuela To Create Crypto Based Central Bank
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Venezuela To Create Crypto Based Central Bank

Venezuela will reportedly be creating a central bank specifically for cryptocurrencies. This news has been revealed as it was also revealed that the nation’s National Constituency Assembly was in the process of preparing for reforms on the nation’s Constitution to include the soon to be created cryptocurrency central bank as well as a court that would…

Venezuela Crypto Backed Currency To Be Launched In August
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Venezuela Crypto Backed Currency To Be Launched In August

The new crypto backed national currency will be in circulation from the 20th of August says Venezuela’s president Nicolás Maduro. The New National Currency To Have Fewer Zeros, Improve Ease Of Carrying And Count The president has announced that the current national currency, Bolívar, will be replaced by the new national currency (The Bolívar Soberano)…