Venezuela announces Crypto “Youth” Bank

in #cryptocurrency6 years ago (edited)

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Venezuela is launching a youth bank to be funded by the state’s controversial petro cryptocurrency.

Announced Thursday by the country’s president, Nicolas Maduro, The president of Venezuela, revealed plans of introducing a digital currency bank for youth and students that will begin its operations with 20 million petros according to Latin American government-sponsored news outlet TeleSur.

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