President Nicolás Maduro of Venezuela has mandated all local banks to accept the country’s national cryptocurrency, Petro, as a unit of account. This move is the latest in a series of attempts to strengthen both the Petro and Venezuela’s fiat currency, the Bolivar. Petro is a Unit of Account According to AFP, the Venezuelan president...The post Petro: Venezuelan President Orders Commercial Banks to Adopt the Cryptocurrency appeared first on Live Bitcoin News.
