Venezuelans are promised to provide …

Venezuelans promised to provide access to international cryptocurrency payments

Venezuela will use cryptocurrencies to make “free domestic and international payments.” Bloomberg writes about it with reference to the statement of the President of the country Nicolas Maduro.

“Venezuela’s finance minister and central bank have new instruments that we will activate very soon so that everyone can carry out banking transactions, as well as domestic and international payments through accounts at the central bank,” he said. – Venezuela works in the cryptocurrency world “.

Last week it became known that Venezuela could add crypto assets, in particular bitcoin and Ethereum, to its gold and foreign exchange reserves if the tests conducted by the central bank are successful..

Venezuelans are promised to provide ...

“The regime’s use of cryptocurrencies reflects its desperation,” said former self-proclaimed Venezuelan acting president, opposition politician Juan Guaido. “The resort to such tricks is another evidence of the economic crisis that the regime is going through.”.

Maduro, for his part, has continued to pin its hopes on uncensored payments following the muted launch of a national digital currency. “Donald Trump and his sanctions are preventing Venezuela from doing transactions with any of the world’s banks,” he said. “There are other payment formulas, and we use them because our payment system works perfectly in China and Russia.”.

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