The government has introduced a state-run cryptocurrency platform for citizens to receive payments. Users will be able to receive Bitcoin (BTC) and Litecoin (LTC) but will need to be exchanged for sovereign BolÃvars or Petros. The Venezuelan government noted that the state-run remittance platform Patria Remesa is officially operational. Venezuelans can receive Bitcoin and Litecoin payments but as a mandatory requirement, they have to be exchanged for sovereign BolÃvars or Petros. Patria Teresa will be regulated by Venezuela’s crypto regulator Superintendency of Cryptoassets and Related Activities (Sunacrip). For the use of the service, there will be a know your customer (KYC) and anti-money laundering (AML) procedure in order to use cryptocurrencies. It could be argued that it is a centralized state service, opposite to regular cryptocurrencies which should be free of government control. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next Swiss market regulator, FINMA has approved banking licenses for blockchain based companies FX Street 4 years The government has introduced a state-run cryptocurrency platform for citizens to receive payments. Users will be able to receive Bitcoin (BTC) and Litecoin (LTC) but will need to be exchanged for sovereign BolÃvars or Petros. The Venezuelan government noted that the state-run remittance platform Patria Remesa is officially operational. Venezuelans can receive Bitcoin and Litecoin payments but as a mandatory requirement, they have to be exchanged for sovereign BolÃvars or Petros. Patria Teresa will be regulated by Venezuela's crypto regulator Superintendency of Cryptoassets and Related Activities (Sunacrip). For the use of the service, there will be a… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
