16 Cryptocurrency Certified In Venezuela
The pre-sale for Petro, Venezuela official cryptocurrency has ended declared the president of Venezuela, Nicolas Maduro. He stated that it has made funds amounting to 3 billion dollars from the state-currency. In hopes of lifting his country’s latest currency, President Maduro has also certified 16 crypto exchanges.
Maduro has “authorized the certification of 16 exchange houses for cryptocurrencies” as indicated by Correo del Orinoco, a Venezuelan newspaper with support from the government of Venezuela. Moreover, this will execute an international trade with the Petro currency. During the inauguration of Venezuela Power Expo 2018 in Caracas, the president noted:
“I have to report on the closing of El Petro’s first pre-sale. We closed with an amount of $3,338 million. An economic miracle. Boot The Petro!”
Subsequent, to the declaration on the major restriction on virtual currency exchanges and transmittal company dubbed Operation Paper Hand, and this news proceeds shortly after.
The 16 exchanges certified by the President of Venezuela are Criptocapital, Criptoexchange, Italcambio, Asesoria Financiaera, Cave Blockchainge, Amberes Coin, Coinsecure.ve, Valoratta Casa de Bolsa, Criptolago, Critiaechainge, Criptoactivo Menets CA, Cripventraige CA, Criptoactivo Bancar CA, Criptomundo Casa de Intercambio, Criptoactivo Criptoes and Inversiones Financiera 1444 CA, as detailed by the publication. Nevertheless, at the time of writing, there is no endorsement that any of the exchange have listed the “Petro”, the Venezuela state currency.
CEO of Coinsecure claim to want to add Petro as a Cryptocurrency on Coinsecure
Coinsecure is an Indian-based exchange that is currently certified and listed on the Venezuela Cryptocurrency market. On Saturday, Business Standard reported that the CEO of Coinsecure Mohit Kalra stated that “Venezuela wanted to add Petro as a cryptocurrency on Coisecure, so they can trade Petro against bitcoin and the rupee.”
If India utilizes the Petro, Venezuela has reportedly offered India a 30 percent discount on crude oil purchase, the news outlet indicated, while Kalra stated that “the offer that they have given to the Indian government is: you buy Petro and we will give you a 30 percent discount.”
So Far, $3.3 Billion raises, claims President Maduro
On Thursday, President Maduro officially declared the ending of the Petro Presale. He also emphasizes that “To date, the pre-sale of El Petro has obtained 3,338 million dollars.”
He also stressed that “I have to report on the closing of El Petro’s first pre-sale. We closed with an amount of $3,338 million. An economic miracle. Boot The Petro!.”
President Maduro showed the crowd a presentation indicating that the Venezuela state cryptocurrency has made somewhat equal to 2.744 billion euros, 208.337 billion rubles, and 21.118 billion yuan. He further detailed that he will invest $1 billion into the economy from funds gathered due to the Petro.
