Venezuela Central Bank Testing Shift to Cryptocurrencies to Pay State Oil Company Bills

The post Venezuela Central Bank Testing Shift to Cryptocurrencies to Pay State Oil Company Bills written by Richard Kastelein appeared first on Blockchain News – Blockchain News and Opinion – Tokenomics, Cryptoeconomics

Venezuela’s central bank is allegedly running tests to determine whether it can add bitcoin and ether to its international reserves at the request of state-run Petroleos de Venezuela SA (PDVSA). According to a recent report in Bloomberg, the PDVSA is seeking to send Bitcoin and Ethereum to the central bank and have the monetary authority […]

The post Venezuela Central Bank Testing Shift to Cryptocurrencies to Pay State Oil Company Bills written by Richard Kastelein appeared first on Blockchain News – Blockchain News and Opinion – Tokenomics, Cryptoeconomics

Original source: https://www.the-blockchain.com/2019/09/27/venezuela-central-bank-testing-shift-to-cryptocurrencies-to-pay-state-oil-company-bills/

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