How is Petrora in Venezuela going to Subastara?
The superintendent of Cryptoactives and Related Activities, Carlos Vargas, said Tuesday the acquisition of petros will be carried out in a first stage through auctions directed by the State in both cryptocurrencies and currencies.
The Venezuelan cryptocurrency can be acquired later in bolivars, through secondary markets such as exchange houses, explained Vargas in an interview with Venezolana de Televisión.
After the completion of the registration period in the Registry of Cryptocurrency Miners, a platform implemented by the National Observatory of the Blockchain, the superintendent of the Cryptocurrency informed that they plan to carry out new processes in order to legalize the activity in the country.
Vargas reported that this week began the process of systematization of people who participated in the first record completed last Sunday and that had the purpose of specifying the number of miners that exist in the country and the equipment they have for the exercise of this activity. regulated, which currently generates between 80 and 100 million dollars per month.
He indicated that the approval of a legal framework that regulates the activity in the country will be necessary, which, in his opinion, will generate confidence in establishing itself as a lawful activity.
Vargas stressed that the goal is for this new currency to be of internal use for transactions of goods and services in the country. "All the algorithms that will be used for the Venezuelan cryptocurrency will be the best," he said.
He also explained that the petro cryptocurrency will not be mined, which does not mean that other cryptocurrencies can not be mined.
He also reiterated that the cryptocurrency created by the Venezuelan State, the petro, is backed by 5,342 million barrels of oil from field number 1 of the Ayacucho Block of the Orinoco Oil Belt, which represents more than 300,000 million dollars at the price current in the market.