Saturday, March 24, 2018

Venezuela"s oil-backed cryptocurrency will be convertible to Russian rubles – President Maduro

The so-called ‘petro’ digital currency, which was successfully launched by Venezuela last month, will be traded for several global currencies, including the Russian ruble. “Starting March 23, all legal and physical entities will be able to purchase the petro directly… within the next 15 days for convertible currencies: yuan, rubles, Turkish liras and euro,” said Venezuelan President Nicolas Maduro.

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