The president of Venezuela, Nicolas Maduro, has announced eliminate the pre-sale for that Petro, the country’s “cryptocurrency”. He claims it includes raised the same as over 3 billion dollars. Maduro also has certified 16 crypto exchanges he hopes will commence listing his country’s new currency.
16 Crypto Exchanges Certified.?According to Venezuelan newspaper with government backing Correo del Orinoco, Maduro has “authorized the certification of 16 exchange houses for cryptocurrencies,” that will facilitate Petro transactions within the international market. Maduro was quoted saying during the inauguration of Venezuela Power Expo 2019 in Caracas:
“The certification these 16 exchanges is known as a demonstration of confidence within the system in the Petro, as a cryptocurrency, and will eventually allow liquidity and solid transactional volume.”
The news follows the announcement of Venezuela’s major?crackdown?on crypto exchanges and remittance businesses dubbed Operation Paper Hands.
The certified 16 exchanges are “Criptoexchainge, Criptocapital, Asesora Financiaera CA, Italcambio, Amberes Coin, Cave Blockchainge, Valoratta Casa de Bolsa, Coinsecure.ve, Critiaechainge, Criptolago, Criptoventraige CA, Criptoactivo Menets CA, Criptoactivo Bancar CA, Criptomundo Casa de Intercambio CA, Inversiones Financieras 1444 CA, and Criptoactivo Criptoes,” the publication detailed. However, you don’t have confirmation that them have allowed us list the Petro during this writing this writing.
Coinsecure’s Comments.?India’s Coinsecure is one of several exchanges certified by Venezuela. CEO Mohit Kalra mentioned that “Venezuela wanted to add Petro as being a cryptocurrency on Coinsecure, so they are able trade Petro against bitcoin and then the rupee,” Business Standard reported on Saturday.
Venezuela has reportedly offered India a 30% discount on crude oil purchases if India uses the Petro, what is the news outlet added and quoted Kalra saying:
“The sale that they have directed at the Indian government is: you simply purchase Petro and we will provide you with a 30 percent discount.”
Maduro announced on Thursday operate closing from the Petro presale. He claimed that “To date, the pre-sale of El Petro has obtained 3,338 million dollars,” elaborating:
“This wasn’t report on the closing of El Petro’s first pre-sale. We closed by having an amount of $3,338 million. A monetary miracle.”
During his speech, Maduro organized a presentation showing that Petro has raised the equivalent of 2.744 billion euros, 208.337 billion rubles, and 21.118 billion yuan. Favored announced that they can will deliver inject $1 billion into your economy from the Petro.
Furthermore, the president promised he will continue promoting the latest currency. In combination with announcing that fuel can be sold to all or any national and international airlines for Petro, he stated that he has signed the paperwork “to create an advert and Economic Investment Fund in Petro so i have already contributed, at this point 8.5 million Petro equal to $510 million for credit loans.”