16 Cryptocurrency Exchanges Get Approval to Launch in Venezuela, List Petro

[kreslik.news]

Venezuelan President Nicolas Maduro has reportedly approved the ‎registration of 16 cryptocurrency exchanges in the country, months after ‎introducing regulations for ‎the emerging space.‎

According to local publication Correo del Orinoco, the authorities granted ‎approval to for the exchanges to list Venezuela’s newly released ‎cryptocurrency, the petro.‎

Just this weekend, the Venezuelan authorities shut down two cryptocurrency exchanges, ordering them to suspend operations as part of a crackdown against the growing bolivar-to-bitcoin market. On the same day, Venezuela’s Prosecutor General seized 1,382 bank accounts with balances exceeding $10.6 million.

The daily newspaper ‎cites Maduro who was speaking at an energy ‎conference during the ... (read more)