Venezuela plans to sell oil only for the cryptocurrency

Венесуэла намерена продавать нефть только за криптовалютуNext year Venezuela will sell oil only for national cryptocurrency Petro.
From 2019 all the oil production of Venezuela will be sold only for the national cryptocurrency of Petro. This was stated by President Nicolas Maduro in a video message on Twitter.

The Venezuelan leader also said that during his visit to Moscow suggested the Russian authorities to move to payments in the cryptocurrency.

“We told Russia about the possibility of Petro. The use of Petro as funds for commercial settlements with Russia is brought to the joint Committee in March,” he said.

We will remind, the President of Venezuela announced the creation of a national cryptocurrency in December 2017. Due to hyperinflation and the fall of oil production, the Venezuelan government initiated a large-scale monetary reform. From 20 August the national currency is tied to the rate of cryptocurrency. Since October, Venezuela uses Petro in international trade.

Информационный портал “East Time Agency”- это сайт мировых новостей. При публикации материалов используется информация с наиболее достоверных источников, таких как международные новостные агентства, зарекомендовавших себя на рынке массмедиа на протяжении длительного времени, заявлений публичных людей (политики, актеры, спортивные звезды и прочее.При полном или частичном использования текстов и изображений (копирование, цитирование и прочее) или для любого другого распространения информации ссылка на веб-сайт «EAST TIME AGENCY» является обязательной.

Share Button
User Review
0 (0 votes)

One of the most favorable and convenient ways of receiving income are investments into the commercial real estate. In comparison with them bank deposits are less favorable, and investments in the stock and foreign exchange market – more risky.

Read More

Add a Comment