🇻🇪 Venezuela orders banks to adopt the Petro cryptocurrency
Venezuelan President Nicolas Maduro ordered banks to adopt the Petro cryptocurrency as a unit of account Monday, as the country struggles to emerge from a severe political and economic crisis. Public and private banks must now reflect all financial information in bolivars and Petros, according to a resolution of the Sudeban banking regulator.
Let us know what you loved about the report, what may be missing, or share any other feedback by filling out this short form. All responses are subject to our Privacy Policy and Terms of Service.