Venezuela’s Cryptocurrency Petro Sales Start Announced by Maduro

MEXICO CITY (Sputnik) – Venezuelan President Nicolas Maduro said the nation’s new digital currency called petro will be traded for rubles, liras, yuan and euros starting Friday.

“Starting on March 23, all citizens and companies will be able to purchase ‘petros’ on a specialized website with yuans, rubles, Turkish liras, and euros, as well as with cryptocurrencies such as bitcoin, etherium and NEM,” he said Thursday in a televised speech.