Venezuela Announces Petro Coin Presale

pedro coin, venezuela

Venezuela Says Crypto Mining Now ā€˜Perfectly Legal,ā€™ Announces Petro Presale Venezuelaā€™s government has said cryptocurrency mining is now ā€œcompletely legalā€as it plans the presale of its Petro coin for next month. In comments during a TV address quoted by local news outlet TeleSur, the countryā€™s newly-dubbed ā€˜cryptocurrency superintendentā€™ Carlos Vargas confirmed that citizens mining Bitcoin and other cryptocurrencies were not breaking the law. Last year, Venezuela made headlines on several occasions after reports emerged that police were cracking down on mining operations, accusing those involved of sapping power from the…

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