Venezuela Decrees Petro βCryptocurrencyβ as Legal Tender

All transactions involving government institutions in Venezuela must now accept Petro β the first ever state-issued cryptocurrency β as legal tender according to an official proclamation in the countrys Official Gazette on April 9. From that date every such institution has 120 days to comply. All Petro Everything Venezuelan President NicolΓs Maduro has ordered all institutions under the governments umbrella to accept Petro as legal tender. As reported by Bloomberg the government of Venezuela has Read More The post Venezuela Decrees Petro Cryptocurrency as Legal Tender appeared first on Bitcoinist.com. via ICGO https://www.icgo.co.uk/redirect/?url=http://bitcoinist.com/venezuela-decree-accept-petro-legal-tender/