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28.03.2018
Venezuela refuses to pay public debt in El Petro

A Russian official has put forward a refutation that Venezuela has offered to repay Russia's public debt. This information is confirmed by Reuters. Konstantin Vyshkovsky, who holds the position of head of the department of the Ministry of Finance, said in his interview that the state debt in cryptocurrency will not be returned. The announcement came after it became known that the Russian ruble would act as the fiat currency controlled by El Petro.

On March 23, legal entities and individuals will be able to buy El Petro for 15 days. Convertible currencies will be accepted for payment. Donald Trump has declared the purchase of foreign currency illegal. The media claims that Petro received support from Russia and contributed to its development. The Russian side does not support this information, claiming that it is speculation.

Source: bitnovosti.com