Home / Altcoin News / Venezuela to Finance Villas for the Homeless with Oil-Backed Cryptocurrency Petro

Venezuela to Finance Villas for the Homeless with Oil-Backed Cryptocurrency Petro

Venezuela’s minister of Habitat and Housing, Ildemaro Villarroel, recently revealed that the country’s government is planning to finance the construction of villas using its oil-backed cryptocurrency, the Petro. According to local news outlet Telesur, the villas will be financed as part of the country’s housing project “la Gran Misión Vivienda Venezuela (GMVV),” which according to

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