Venezuela To House The Homeless Using Cryptocurrency

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FT
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  • The Venezuelan government has announced that it aims to provide housing for the homeless using the national cryptocurrency Petro, as reported by Criptotendencia 

 

  • The government project named ‘Great Mission for Venezuela Housing‘ (GMVV) will help give access to quality homes 

 

  • “Together with the governors, we are reviewing the plans that we will begin in the second quarter, in this second quarter GMVV will have an injection of financial resources, which this year will be protected and established with [the] Petro”, commented Ildemaro Villarroel, the Venezuelan Minister of Habitat and Housing

 

  • Villarroel also stated that 33 local companies have carried out technical, financial, and logistics tests to start the construction process

 

  • According to the GMVV website the government has already built more than 2 million houses to date.

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