The Council of Mayors supported the initiative of the Venezuela government to incorporate the Petro digital currency in the list of payment methods and fines.

After signing the «Agreement on National Tax Harmonization» 305 of 335 municipalities joined the program of expanding the use of state cryptocurrency. In addition to 30 mayors who did not support the initiative, part of the administration does not have the necessary technologies for collecting funds in this way.

Vice-president of Venezuela Delcy Rodriguez will be responsible for the creation of a single register of taxpayers, according to which the new system will increase the efficiency and flexibility of public services, and will also stimulate growth in the production and trade spheres.

Yesterday the country’s government also announced that approximately every sixth

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