Nicolas Maduro calls on Latin America to use cryptocurrency Venezuela — ElPetro

Venezuelan President Nicolas Maduro asked the ten countries in the region with a call to introduce the planned production provided oil Petro cryptocurrency. This step is followed immediately after the country’s Parliament, called the launch of a new currency is illegal.

On Friday, January 12, Maduro held a meeting of the Bolivarian Alliance for the peoples of Latin America — Trade agreement of peoples (ALBA-TCP). The organization of the ALBA-TCP is composed of 11 countries: Antigua and Barbuda, Bolivia, Cuba, Dominica, Ecuador, Nicaragua, Saint Lucia, Saint Vincent and the Grenadines, Saint Kitts and Nevis, Grenada and Venezuela.

According to the publication Prensa Latina, during a meeting, «Maduro urged ALBA to the joint consideration of creating a cryptocurrency petro».

«I urge you to take petro as a common currency of our people,» said Maduro. «I offer fraternal ALBA governments to consider cryptocurrency petro, which we could take as one of the integration projects of the XXI century».

Since the statement about the planned launch of the national cryptocurrency of Venezuela, which was announced in early December, this topic never ceases hotly discussed. Highlighting under the provision of the new currency more than 5 billion barrels of crude oil, Maduro has ordered the release of the first 100 million petro, and also organized a meeting of miners.

Petro is scheduled to run in late February, as announced in the previous week inspector cryptocurrency Carlos Vargas (Carlos Vargas).

However, the day before the statements of Vargas, the Constitutional Assembly of Venezuela declared the cryptocurrency illegal. MPs voted unanimously that the issue of cryptocurrencies petro is «absolutely useless».

Organized recently by the Central Bank of Venezuela the seminar entitled «the Role of the younger generation of Venezuela in innovative technologies» has been prepared response to the decision of the Assembly. On Friday, the Minister of youth Affairs and sports Pedro Infante (Pedro Infante) said that the young generation of the country will propose to the Assembly «to establish a special Commission that will meet for a discussion of the proposals submitted by the different sectors for the implementation of the financial system, cryptocurrencies Petro».

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