Nicolas Maduro, the president of Venezuela, announced the end of pre-sale for the nation’s cryptocurrency, Petro. In addition, he has given the green signal to 16 new cryptocurrency exchanges and certified them! He claims that the pre-sale of Petro has raised funds equivalent to about 3 billion dollars.
The 16 cryptocurrency exchanges certified by Venezuelan government will have Petro on their list. These exchanges will provide liquidity as well as solid transactional volume.
The 15 certified cryptocurrency exchanges are:
- Amberes Coin,
- Inversiones Financieras 1444 CA,
- Asesoría Financiaera CA,
- Valoratta Casa de Bolsa,
- Criptomundo Casa de Intercambio CA,
- Cave Blockchainage,
- Criptoventraige CA,
- Criptoactivo Menets CA,
- Criptoactivo Bancar CA and
- Criptoactivo Criptoes
Apart from these, Coinsecure, an exchange based in India, is also said to be one of these 16 exchanges. The Venezuelan government has also offered the Indian government a 30% discount on the prices of oil if the Indian government pays for them in Petro.
Furthermore, Nicolas Maduro also promised Venezuelans that he will continue to promote Petro and inject $1 billion dollars in the economy obtained from it! As an additional step, he has also announced that the oil will be sold to all the national and international airlines on transacting via Petro! Signing the paperwork for creating an investment fund in Petro is another step taken by him in order to promote Petro. Venezuelans are clearly ahead of the curve on the cryptocurrency front!