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Venezuela’s New Petro-Backed National Currency to Start Circulating in August

Venezuela’s New Petro-Backed National Currency to Start Circulating in August The president of Venezuela Nicolás Maduro has announced that the country’s new cryptocurrency-backed national currency will start circulating August 20, local state news agency Telesur reported July 25. Telesur reports that the new currency, the Bolívar Soberano (Sovereign Bolivar), will have five zeros less than the existing national currency…

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The president of Venezuela Nicolás Maduro has introduced that the rustic’s new cryptocurrency-backed nationwide forex will get started circulating August 20, native state information company Telesur reported July 25. Telesur experiences that the brand new forex, the Bolívar Soberano (Sovereign Bolivar), can have 5 zeros lower than the prevailing nationwide forex Bolivar Fuerte (VEF) and…