Nicolas Maduro tries to revive failed state-issued cryptocurrency Petro — AGAIN

Channel:
United Kingdom Colin Boyd SEO
Subscribers:
4,200
Published on ● Video Link: https://www.youtube.com/watch?v=SPfPgIP4ST4


Duration: 2:10
29 views
1

Reported today on TheNextWeb

For the full article visit: https://thenextweb.com/hardfork/2020/01/15/venezuela-president-nicolas-paduro-el-petro-cryptocurrency-annual-address/

Nicolas Maduro tries to revive failed state-issued cryptocurrency Petro - AGAIN

Nicolas Maduro, Venezuela's President, won't wind up his efforts to get his struggling state-issued cryptocurrency 'El Petro' off the ground.

Delivering his annual speech to the ruling Constituent Assembly, Maduro decreed that airlines flying from Caracas - the country's capital city - must pay for fuel using El Petro.

[Read: Nicolas Maduro refuses to give up on Venezuela's state cryptocurrency El Petro]

"I decree the sale of all fuel sold by the PDVSA for planes operating international routes be made in Petros from now on," Maduro said.

It's not actually clear whether the new rule applies to just Venezuelan air carriers or whether international airlines should also adhere.

This isn't the first time Maduro shills El Petro. Back in October, he said protectorates and states would receive one million Petros twice a month and commented on how the country's scientific community would be able to receive payment in the cryptocurrency.

Prior to that, Maduro ordered that every branch of the Banco de Venezuela allow citizens to buy a



Other Videos By Colin Boyd SEO


2020-01-15New Toyota recall covers 700,000 SUVs, sedans and minivans - Roadshow
2020-01-15Jabra Elite 75t earbuds review: the best AirPods alternative
2020-01-15How to download Microsoft’s new Edge browser
2020-01-15Dorsey: Twitter 'will probably never' add an edit button - CNET
2020-01-15You can watch the first episode of a Pokemon Sword and Shield-inspired anime - CNET
2020-01-15Disney's 'top secret' Frozen 2 VR short is heading to Sundance this month - CNET
2020-01-15Charge your Apple Watch and more on the go with this $30 power bank - CNET
2020-01-15Logitech challenges Microsoft with new ERGO K860 split keyboard
2020-01-152019 was the second-hottest year on record
2020-01-15For the first time, Microsoft’s new Surface Pro X is $100 off
2020-01-15Nicolas Maduro tries to revive failed state-issued cryptocurrency Petro — AGAIN
2020-01-15HP might start making ink cartridges more affordable
2020-01-15Hide the Pain Harold is the meme of the decade (according to Imgur)
2020-01-15Google Smart Lock app gets update on iPhone to boost security - CNET
2020-01-15Huawei shipped nearly 7 million 5G phones last year, despite US opposition - CNET
2020-01-15Tiny Toyota Yaris-based crossover in the works for Europe - Roadshow
2020-01-15Fortnite update adds sidegrading, and Ninja get his own skin - CNET
2020-01-15Instagram’s decision to hide photoshopped images is a disservice to art
2020-01-15You can now order the rack-mountable Mac Pro
2020-01-15Filipino billionaire denies endorsing Bitcoin ‘scam’
2020-01-15Ninja is getting a Fortnite skin