Venezuela’s Supreme Court orders to make payment in national digital currency Petros
As part of Venezuelan government’s efforts to popularize their own cryptocurrency, Petros, country’s Supreme Court on Nov 5 gave a ruling to pay compensation in Petros to workers if they sustain injuries in workplace, according to a report published in Bitcoin.com, quoting local media.
The Supreme Tribunal of Justice (TSJ) fixed the payment of 266 petros or the equivalent amount as compensation.
The TSJ, country’s apex court, gave the ruling in a case of an employee of the National Institute of Agricultural Research (Inia), a unit of the Agriculture Ministry.
María Elena Matos sustained injuries in her workplace, which left her disabled.
The Efe publication says:
“The justice condemned the Inia to pay the equivalent of 266 petros.”
Meanwhile, on Nov 5, the Venezuelan government launched the petro savings plan, which is backed by digital currency worth 4 million.
On Nov 2, country’s vice president Tareck El Aissami says:
“Venezuelans will be able to acquire petros so that they can save by means of a certificate. More than 18 million cardholders can access the savings plan with an investment in sovereign bolivars.”
An announcement posted on the government’s savings plan website says:
“All users can participate in the hours from Monday to Saturday from 6:00 AM to 10:59 PM and the minimum purchase fraction is 0.01.”
Image source: Shutterstock
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