Venezuela’s
Central Bank Considers Adding Bitcoin, Ether to Reserves
The central bank of Venezuela
is running a test to find out whether it can hold bitcoin and ether as part
of its international reserves, according to a report published by Bloomberg.
Petroleos de Venezuela SA
(PDVSA)—a state-owned oil and natural gas company—reportedly submitted a
formal request to have the Venezuelan central bank pay its suppliers, on its
behalf, using its reserves of bitcoin and ether. It is not known how the
PDVSA has obtained these reserves.
