Maduro is paying retirees and pensioners with petro, he claimed during a government-sponsored program that the crypto has “27,000 affiliated businesses.” Maduro also explained at the program his bonus plan for pensioners and that he expected merchant adoption to “double in the coming months.” Meanwhile, news.Bitcoin.com was told by local sources that the PoS systems used at affiliate stores only accept cryptos like LTC, BTC, and BNB. Various reports also detail that Venezuela’s central bank has indicated plans to stockpile BTC and other digital assets. Last February Pedro Peroza wrote a number of informative articles concerning the National Superintendency of Crypto Assets and Related Activities (Sunacrip) operations. Peroza said he believes Maduro’s regime has been stockpiling digital currencies via the “collection of taxes in cryptocurrency, for that a Law was approved in the ANC (National Assembly Madurista).”

Sunacrip Press reports that the ‘Savings Plan’ in petro celebrated its first year of operation with more than 3 million savings accounts. “A year ago I invited you to save in petros and look how well they did, today I call on all businesses, all entrepreneurs, to join, to look for this new path, and begin to travel the petro’s path, so they can see that they are going to do much better,” President Maduro wrote according to Sunacrip Press on November 6, 2019.
During Maduro’s recent speech, the president told attendees that cryptocurrencies and the petro will help Venezuelans battle against the “economic war.” “We have achieved the slowdown of the economic war through the self-regulation of the economy,” Maduro explained to the program guests. “With this self-regulation of the economy, other actors have begun to operate with their own currencies.”

Sourced through Scoop.it from: news.bitcoin.com