Venezuelan Crypto Regulator Urges Public to Use Petro For Remittances

The superintendente of “Nacional de Criptoactivos (SUNACRIP) in Venezuela, Joselit Ramírez, has appeared on national radio to encourage people to use the Venezuelan state-backed crypto asset, the petro. Ramírez reminded listeners that the “Sistema Patria” was now online for simple, secure remittance payments.
Last year, the government of Venezuela became the first on the planet to launch a purely digital currency. The petro is supposedly backed by the nation&rsquo