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Home International Customs Poland

Poland interest in Venezuela’s oil backed Cryptocurrency

byCT Report
27/02/2018
in Poland
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WARSAW: Prior to the launch of Venezuela’s new currency, the petro, the country’s Minister of Foreign Trade, José Vielma Mora, was quotedby Telesur TV saying that Poland and a number of other countries have “expressed interest in exporting goods to Venezuela like food and medicine” and receiving payments for them in petros.

Earlier this month, Maduro called on OPEC countries to join him in developing the platform for oil-backed cryptocurrencies.

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Last week, the Venezuelan Minister of Popular Power for Economy and Finance tweeted that he has reviewed the economic and financial cooperation with Anton Siluanov, the Russian finance minister, “with the emphasis on the new cryptocurrency of Venezuela, the petro.”

The Venezuelan government claimed last week that it has raised more than $1 billion from the petro’s pre-sale in just two days, although some doubt that Venezuela has raised money at all with its new currency.

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