Venezuela and Russia are in talks to abandon the use of U.S. dollars in their transactions and replace this currency with rubles and Petros.





According to an article published by the Russian news portal RT, Jorge Valero, a representative of the South American country to the United Nations shared the news expressing that they seek to develop more effective and frictionless payment alternatives.





Cryptocurrencies Can Be Used to Balance the Geopolitical Equation





The sanctions imposed by the United States against Venezuela have forced the government to try to obtain alternative means of financing in order to acquire essential products for Venezuelans. Venezuela practically imports most of the products it consumes and depends almost exclusively on the sale of oil to move its economy forward.

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