Category: Maduro

Desperate Maduro Trumpets Crypto Payments with China and Russia
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Desperate Maduro Trumpets Crypto Payments with China and Russia

Venezuela’s President Nicolas Maduro has openly declared his regime’s love for cryptocurrencies like Bitcoin and Ethereum. The controversial politician on Tuesday said his government is using cryptocurrencies to access national and international payment infrastructure. He confirmed that Venezuela’s finance minister and central bank are close to introducing “new instruments.” It would give every Venezuelan access…

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Maduro Mandates Petro-Financed Public Housing Scheme in Venezuela – CCN.com
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Maduro Mandates Petro-Financed Public Housing Scheme in Venezuela – CCN.com

Venezuelan President Nicolas Maduro has mandated that the country’s oil-backed cryptocurrency, the Petro, must be used to fund the ‘Great Housing Mission Venezuela’ social housing program. Ildemaro Villarroel, the minister of popular power for habitat and housing – the department overseeing the housing project – confirmed that the program will be funded using the Petro.…

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