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In the meantime, there has been an increase in volumes on the Peer-to-Peer crypto exchanges in the country

The President is doing a real promotional campaign in favour of the Petro

Venezuela is trying to encourage the adoption of Petro (PTR) through the opening of 790 physical counters

The President of Venezuela admits that the country needs international aid and asks foreign investors to buy the state crypto

The Venezuelan state cryptocurrency has been proposed as a means of payment to several countries, but no one seems to have accepted

The President of the South American country increases the value of the national cryptocurrency by decree

Venezuelan Government forces the banking system to accept the state cryptocurrency

Evrofinance was the first bank to accept payments for the purchase of the crypto. But the brains behind it are the Venezuelan government and the Russian company Gazprom.

A few days earlier, the petro had been given up for dead, with Venezuela preparing to liquidate the currency for bolivares.

Full details on the latest Chainalysis report