Venezuelaβs Petro Now Purchasable with Foreign Fiat
Last month Venezuela became the first country to issue its own cryptocurrency with the launch of the purportedly oil-backed Petro. Now the digital currency is available for purchase with a variety of fiat currencies β just not the dollar. Petro for Fiat Venezuelan citizens companies and other interested parties may now purchase the countrys oil-backed cryptocurrency with a selection of fiat currencies. In an announcement made on national television last Thursday Venezuelan President Nicolas MaduroΒstated:
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