Home / Altcoin News / Venezuela to Launch Petro-funded Youth Bank, Maduro Claims

Venezuela to Launch Petro-funded Youth Bank, Maduro Claims

Venezuela will open a youth bank funded by the government’s state-backed petro cryptocurrency, the country’s president said on Thursday. Nicolas Maduro announced the initiative during a youth rally held in the state of Aragua, and regional news outlet Telesur reports that he committed to funding the project with 20 million units of its recently-launched petro

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