Venezuela will issue passports for the national cryptocurrency

by Coinworldstory

According to the vice-president of Venezuela, Delsi Rodriguez, in the country they will accept “petro” as a fee for issuing passports from November this year.

“Starting from November 1, you will have to pay for a passport in Petro, the issuance of a new passport will cost two Petro, and one Petro will be renewed,” Rodriguez told reporters.

The cost of a new passport to Venezuelan Venezuela  citizens, who are currently abroad, will cost $ 200 until November 1, and a passport extension of $ 100.

Recall, Venezuelan President Nicolas Maduro equated the cost of one “petro” to the price of a barrel of Venezuelan oil – to $ 60. From October 1, “Petro” was released for payments to the international arena .

It is planned that from November 5, the internal cryptocurrency will be sold for sovereign bolivars.

The government of Venezuela on August 20 began a denomination in the country. In the course of it, five zeros were removed from the banknotes and a new currency, a sovereign bolivar, was tied to Petro.

From September 1, the minimum wage in the country was raised tenfold: up to 1.8 thousand sovereign Bolivars (180 million at the old rate) or 0.5 Petro.

coinworldstory logo

Coinworldstory Provide Crypto Review Including – Blockchain , Bitcoin , DEFI All About NFT &, Gaming , Cloud Mining ,Exchange , ICO, Ai , Crypto News All In One Place 

nexo 300x250

All Right Reserved. Designed and Developed by CWS TEAM 

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More