CryptoGlobe
2020-08-12 19:55:00

Venezuela Moves to Collect Taxes in Its Oil-Backed Cryptocurrency Petro

Venezuela could soon start collecting taxes in its oil-backed cryptocurrency the Petro (PTR), as the Bolivarian Council of Mayors has signed the so-called “National Tax Harmonization Agreement.” The agreement applies to 305 municipalities in the country and specifies that tax and sanctions payments may be collected in the oil-backed cryptocurrency. Since it was launched, the […]

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