Venezuelan President Nicolas Maduro recently approved the registration of 16 crypto exchanges in the country. This is a logical step a month after the introduction of digital space regulation in the country.
According to local publication Correo del Orinoco, authorities have officially approved crypto exchanges to include Venezuela's cryptocurrency, petro, in their lists. The newspaper quoted President Maduro as speaking at an energy conference this weekend. Although he hopes that these crypto platforms will soon begin offering trading pairs with petro, none of them have yet confirmed the inclusion of this cryptocurrency in their listing.
This weekend, Venezuelan authorities closed two crypto exchanges. They were ordered to suspend operations as part of a crackdown on the growing bolivar-to-bitcoin market. On the same day, the Venezuelan Attorney General seized 1,382 bank accounts with a total balance of more than $10.6 million. The decision comes at a time of sharp increase in the use of cryptocurrencies in the country. Apparently, amid growing economic chaos and the highest inflation rate in the world, cryptocurrency is becoming more and more common in Venezuela.
Correo del Orinoco also shared the names of the newly approved exchanges, most of which are already successfully operating on the international market and are expanding their activities.
• Criptoexchainge
• Criptocapital
• Asesoría Financiaera CA
• Italcambio
• Amberes Coin
• Cave Blockchainge
• Valoratta Casa de Bolsa
• Coinsecure.ve
• Critiaechainge
• Criptolago
• Criptoventraige CA
• Criptoactivo Menets CA
• Criptoactivo Bancar CA
• Criptomundo Casa de Intercambio CA
• Inversiones Financieras 1444 CA
• Criptoactivo Criptoes
President Nicolas Maduro also stated that more than $3 billion was raised during the petro pre-sale. He said that the money raised during the pre-sale will be used to develop the country's economy and overcome the current financial crisis.
Maduro hopes that petro will help the country bypass US sanctions and receive international investment. However, some analysts believe that most hopes placed on PTR are either a hoax or unrealistically ambitious plans.
According to https://www.financemagnates.com
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