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Nalezeno "petro": 135

Venezuela to Slash Six Zeros From Its Currency to Facilitate Payments


The government of Venezuela is considering a new redenomination of its fiat currency. The proposal that is under study would cut six zeroes from the inflation-affected Bolivar. This would aid companies in processing taxes and provider payments that are absurdly complex with today’s numbers....

Maduro Promises ‘Revival’ for Venezuela’s Foundering Petro Token


Nicolás Maduro, the disputed President of Venezuela, has predicted big things to come for crypto in the nation in 2021 – claiming that the state-issued petro (PTR) token will undergo a renaissance in the year ahead and stating that a “complete digitalization process” will transform the economy...

Venezuela Unveils State-run Bitcoin, Litecoin, Dash, and Petro Exchange


The Venezuelan government has doubled down on its pro-crypto stance by launching a crypto exchange – with support for Caracas’ petro (PTR) token as well as bitcoin (BTC), litecoin (LTC) and dash (DASH) pairings with the fiat bolivar. In an official announcement from the National Superintendency...

Taxes in Petro, Goldman Sachs Sells MoneyGram Shares + More News


Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Crypto adoption news The mayors of hundreds of Venezuelan cities and regions have voted to allow citizens to pay taxes and fines in...

305 Venezuelan Municipalities to Collect Tax in Cryptocurrency Petro


Venezuela’s national tax harmonization agreement has been signed by the council representing 305 municipalities. They have agreed to use the country’s cryptocurrency, the petro, as the unit of account for tax payments. Taxing in Petro The Bolivarian Council of Mayors signed...

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