Venezuela to Pay Taxes and Financial Services Through Petro Cryptocurrency

Venezuela to Pay Taxes and Financial Services Through Petro Cryptocurrency – CryptoNewsZ

Amidst the crumbling economy and ever-growing inflation, the Maduro government in Venezuela has been trying to hold control. As part of the economic revival plan, Venezuelan president Maduro launched a state-owned cryptocurrency Petro last year. The currency was meant to strengthen and alleviate the finance and trade sector in Venezuela.