April 10, 2018

Venezuela Approves Decree on the Use of Cryptocurrencies

Venezuela’s National Constituent Assembly has approved the decree on the use of cryptocurrencies and the country’s new “oil-backed” currency, after repeatedly declaring the Petro illegal. The new currency began its initial coin offering last month as the Venezuelan president continues to strongly push its use.

The Venezuelan National Constituent Assembly (ANC) has approved the draft Constituent Decree on Cryptoassets and the Petro, the country’s government announced last week. Read more.


Venezuela Says Trump Ban on Petro Backfires, Doubles Investors - teleSUR
Venezuela: Petro’s Impact Will Be Felt Within “Three to Six Months” - Crypto Times

Venezuela “May” Charge for Exports in Oil-Backed Cryptocurrency Petro - CCN
Venezuela to pay Russia in own cryptocurrency for auto parts trade - Daily Shabah

Free Publicity: Venezuela Thanks Trump’s Petro Ban for Doubling Investors - CCN
Venezuelan Crypto-currency Joins U.S. Dollar Destabilization - Prensa

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