Maduro

Venezuela May Soon Be Collecting Taxes in Crypto

The Bolivarian Council of Mayors in Venezuela signed the so-called "National Tax Harmonization Agreement" for 305 municipalities in the country, including the Petro (PTR) as a means to collect payments of taxes and sanctions.The cryptocurrency is becoming increasingly widely used as the result of a new campaign. According to the government, the vice president of Venezuela, Delcy Rodríguez, will be in charge of implementing a single registry of taxpayers through a digital consultation tool.She will also be in charge of creating an information exchange and monitoring system for companies to record

As Hospital’s Crumble, Venezuela’s President Airdrops Petros to Doctors

Nicolas Maduro, a former bus driver and Venezuela’s sitting president, has announced a campaign to support his country’s medical staff amid the coronavirus pandemic by airdropping one Petro to each doctor.The ‘Doctors of the Homeland’ initiative will see each Venezuelan doctor air-dropped one of the administration’s oil-backed Petro cryptocurrency tokens, as per an April 2 tweet published by a government official. Venezuela to issue Petro bonus to doctorsThe tokens will be distributed using Venezuela’s ‘Patria System’ — a platform launched by the government to bypass the nation’s failing banking system and