06.12.2017
However, other than that the President offered very few details. He outlined that the country will create a cryptocurrency, backed by oil, gas, gold, and diamond reserves. Maduro's pivot away from the US dollar comes at a time in which bitcoin's popularity surges as it reached a new all-time high above $11,800. Sources say compliance departments are scrutinizing transactions linked to Venezuela, which has slowed some bond payments and complicated certain oil exports.