Venezuelans will be able to buy houses and other properties with Petro. Venezuelans will be able to buy houses and other properties with the new national cryptocurrencies. President Nicolas Maduro announced that real estate deals with the Petro will be approved in April. The government will also finance the construction of 230,000 new homes using funds from the pre-sale of the oil-backed cryptocurrency Petro.
Creating four economic zones that accept payments with Petro
Venezuela All citizens and legal entities in Turkey can now buy the national cryptocurrency through the website and spend their Petros after a short while. Nicolas Maduro stated that he will allow real estate sales with the oil-backed crypto currency Petro from April 20.
The Venezuelan president also announced that the authorities will create four special and exclusive economic zones to circulate the Petro. These regions; Los Roques will take place on Paraguana, Urena and Margarita Island. Goods and services will be priced in Petro, the new government-issued cryptocurrency.
Petro can now be purchased with fiat currencies and cryptocurrencies
Last month, Nicolas Maduro made sure all savings banks in the country use Petro. gave authority. Later, it was stated that all government agencies dealing with foreign exchange were instructed to do the same.
Nicolas Maduro announced that during the 30 days of the Petro pre-sale, more than 200,000 orders were placed from 133 countries. Nicolas Maduro, told local television, put the total amount of orders at US$ 5.25 billion. The President also noted that the Petro can now be purchased with fiat currencies such as the Russian ruble, Chinese yuan, Turkish lira and euro, as well as cryptocurrencies such as Bitcoin, Ethereum and NEM. million homes await
Earlier this week, Venezuela’s president said that 82.5 million Petros have been sold since the national cryptocurrency was launched in February. The socialist government in Caracas plans to use some of the $735 million collected from the pre-sale to finance the construction of 236,000 new homes. planning to build. Their construction will be financed with funds from the sale of the oil-backed currency. A presidential decree is also expected to allocate 14,000 hectares of state-owned land to the project.. Venezuelans are eagerly awaiting the three million homes to be built with the Petro.
“Venezuela rejects the measures against the Petro.”
Nicolas Maduro repeated the rejection of the new sanctions brought by the White House. US President Donald Trump recently signed an executive order banning American citizens and legal entities from transactions with Venezuelan cryptocurrencies. “Venezuela rejects measures against Petro.” Nicolas Maduro said, adding that they aim to harm the country’s economy with the sanctions.
The President announced that Venezuela will host another global Blockchain and crypto money technology event. The conference in question will be held in Caracas in mid-April.
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