Venezuela Officially Launches Petro Sales for Fiat and Crypto

The Venezuelan digital coin Petro is now available for traditional and crypto currencies, as the Venezuelan Economy Department reported via Twitter on October 29.

According to the tweet, the coin can be purchased from the state treasury via official website or at any of the six authorized crypto exchanges. It can be bought for yuan, euro and US dollars as well as some digital currencies that must be registered and checked at the website.

The National Cryptocurrency Association reports that those digital currencies now include only Bitcoin and Litecoin.

Note that Joselit Ramirez was appointed as a manager in digital currency matters.