Venezuelan President, Nicolas Maduro, has reportedly stated that airlines flying from Caracas, the capital city of the country, must pay for fuel with Petro crypto.

Per the report, Maduro announced the news during his annual speech to the ruling Constituent Assembly on Tuesday. He decreed that the sale of all fuel sold by the PDVSA, Venezuelan state-owned oil company, for planes operating international routes, be made in Petros from now on.

However, he did not specify whether the initiative applies to only Venezuelan airlines or international carries are also part.

Maduro earlier mentioned that, from now onwards, Petro will be used to pay for taxes and utility bills. He added that, the country is paving way to a new economy, to break old protocols and bureaucracies.

The country has been taking numerous measures to boost the adoption of Petro. Recently, the president said that the county will sell oil and part of the gold it produces for Petro.

Maduro stated in his Tuesday speech that many people don’t want to move to the Petro because their business is in dollars. He said such people will be monitored closely, adding that, the Petro will cut the mafias’ hands off.

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