Venezuela, which has become a topic in the implementation of the legal cryptocurrency “Petro”, was found to be a policy to oblige Petro to pay for the issuance and renewal of its passport as the border guard was strengthened.
The country announced on December 5 that it will deploy a border guard at all 72 places in the country.
The government led by President Nicholas Maduro has not announced the reasons for border security, but it is believed to be caused by the fact that the number of people fled to other countries continues to increase.
The United Nations has announced that the number of citizens who fled from Venezuela is about 1.9 million people since 2015 when the economic situation worsened.
The government announced that it would set the issuing and updating fee of passport as 2 Petro with the strengthening of border security.
In the country where food, water, electricity, medical care etc. are seriously short, 2 Petro says it is worth roughly four times the monthly minimum wage .
It is said that payment of passport issuance / renewal by Peter will start from November this year.
For other articles about Venezuela · Petro, please click here
Article Source: Venezuela creates migration police, new passport payment system
Author: Yuya 【Coin Desk News】 – Source Post: https://crypto-times.jp/venezuela-to-charge-passport-fees-in-petro/
Disclaimer: CoinNewsDesk.com is a crypto news portal, financial discussion forum, and content curator / aggregator. Articles on Coin News Desk are provided for informational purposes only. We are not an investment advisor and do not provide financial advice.
It’s also important to it properly to diligence and analysis, including consulting a professional financial advisor, No content on Coin News Desk makes up a recommendation to enter in any type of investment or to engage in any investment strategy present on this website.