How Venezuela plans to release the Petro crypto currency through the sale of tokensAccording to Bloomberg News, Venezuela plans to strengthen its crypto currency Petro, adopting it as a form of payment of fees and taxes, using it in international business and encouraging its use through tax incentives. The plan will also include the payment of employees in the crypto currency
It is noteworthy that according to Bloomberg information from 100 millions of Venezuelan citizens, by order of President Nicholas Maduro, only about 38 million will become institutional investors in the monthly pre-sale, which is to begin on 15 February, which will attract about 1,3 billion dollars. Then the tokens will be sold to the general public, and 44 million Petro will be sold to attract an additional 2,4 billion dollars. The remaining 18 million Petro will go for a group of advisers who helped the country and the government with the development.
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