Venezuela launches crypto-pegged forex rate
Published on: Friday 17 August 2018
President Nicolas Maduro said he would overhaul Venezuela’s disparate exchange rates and peg salaries, pensions, and prices to the petro, a cryptocurrency launched by the government earlier this year.
News source: https://www.trtworld.com/us-and-canada/venezuela-launches-crypto-pegged-forex-rate-13111219