Cryptocurrencies
Maduro Says Venezuela to Activate Crypto Payment Method ‘Soon’
- ‘There will be formal announcements,’ Maduro says on TV
- Venezuela’s central bank is weighing adding crypto to reserves
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Venezuela’s government is using cryptocurrencies as a “method for free national and international payments,” President Nicolas Maduro said in a televised press conference.
“The finance minister and Venezuela’s central bank have new instruments which we will activate very soon so that everyone can do banking transactions, as well as national and international payments through the central bank’s accounts,” Maduro said Monday. “Venezuela is working within the cryptocurrency world.”