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Venezuela’s oil-backed cryptocurrency keeps making headlines, as the country’s cryptocurrency superintendent, Carlos Vargas, recently announced that airlines in Venezuela can now accept the Petro (PTR) and other cryptocurrencies as a payment method.
The cryptocurrency superintendent announced the move according to instructions from the country’s president, Nicolás Maduro. Via Twitter, he revealed it stating that “airlines are allowed to sell tickets on domestic and international flights in «Petro» and other cryptocurrencies.”
Siguiendo instrucciones del presidente Nicolás Maduro, se autoriza a las Aerolíneas el cobro de los boletos nacionales e internacionales en Petro y otras Criptomonedas#VenezuelaEsInclusión
— Carlos Vargas (@SupCarlosV) March 1, 2018
Earlier this month, Maduro ordered several state-owned businesses to transact in Petro when buying and selling products and services. These businesses include PDVSA, a state-owned oil and natural gas company, as well as the Corporacion Venezolana de Guyana (CVG), a decentralized conglomerate whose subsidiaries include precious metal producers.
According to local news source Telesur, since the Petro was launched on February 20, investors and entrepreneurs from 127 different countries have shown interest in the cryptocurrency. As recently covered by CCN, this meant over 171,000 individuals and companies registered for the pre-sale.
On Twitter, the government further revealed that 40.8 percent of contributors plan on transacting with the USD, while 6.5 percent would purchase their PTR tokens with EUR. Bitcoin and Ethereum followed, with 33.8 and 18.4 of pre-registrations.
Per Nicolás Maduro, Petro’s token-sale raised $735 million in its first day. Telesur reports that the cryptocurrency has now “generated business over $3 billion.” None of these claims is backed by any evidence.
Following some confusion regarding Petro’s underlying blockchain, observers found that a NEM wallet believed to belong to the Venezuelan government has yet to distribute any of the millions of Petro tokens in the pre-sale.
https://www.ccn.com/venezuela-airli...ther-cryptocurrencies-as-payment-for-tickets/
The cryptocurrency superintendent announced the move according to instructions from the country’s president, Nicolás Maduro. Via Twitter, he revealed it stating that “airlines are allowed to sell tickets on domestic and international flights in «Petro» and other cryptocurrencies.”
Siguiendo instrucciones del presidente Nicolás Maduro, se autoriza a las Aerolíneas el cobro de los boletos nacionales e internacionales en Petro y otras Criptomonedas#VenezuelaEsInclusión
— Carlos Vargas (@SupCarlosV) March 1, 2018
Earlier this month, Maduro ordered several state-owned businesses to transact in Petro when buying and selling products and services. These businesses include PDVSA, a state-owned oil and natural gas company, as well as the Corporacion Venezolana de Guyana (CVG), a decentralized conglomerate whose subsidiaries include precious metal producers.
According to local news source Telesur, since the Petro was launched on February 20, investors and entrepreneurs from 127 different countries have shown interest in the cryptocurrency. As recently covered by CCN, this meant over 171,000 individuals and companies registered for the pre-sale.
On Twitter, the government further revealed that 40.8 percent of contributors plan on transacting with the USD, while 6.5 percent would purchase their PTR tokens with EUR. Bitcoin and Ethereum followed, with 33.8 and 18.4 of pre-registrations.
Per Nicolás Maduro, Petro’s token-sale raised $735 million in its first day. Telesur reports that the cryptocurrency has now “generated business over $3 billion.” None of these claims is backed by any evidence.
Following some confusion regarding Petro’s underlying blockchain, observers found that a NEM wallet believed to belong to the Venezuelan government has yet to distribute any of the millions of Petro tokens in the pre-sale.
https://www.ccn.com/venezuela-airli...ther-cryptocurrencies-as-payment-for-tickets/
