Venezuela Says Crypto Mining Now ‘Perfectly Legal,’ Announces Petro Presale


Venezuela’s government has said cryptocurrency mining is now “completely legal” as it plans the presale of its Petro coin for next month.

In comments during a TV address quoted by local news outlet TeleSur, the country’s newly‐dubbed ‘cryptocurrency superintendent’ Carlos Vargas confirmed that citizens mining Bitcoin and other cryptocurrencies were not breaking the law.

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