Russia: no, we didn’t help Venezuela with Petro and it’ll pay its debts with regular money

Russian officials reached by the press have rejected two popular rumors circulating in the crypto sphere. One of them has already been briefly mentioned by Bitnewstoday: allegedly, Petro, a digital currency or token which most observers consider a fraud on a state level, has been created with the help of the Russian government and billionaires.

Konstantin Vyshkovsky whose responsibility in the Finance Ministry is to oversee the debts other states owe to Russia has rejected this and another rumor which most people familiar with the digital currency reception by the Russian officials would find amusing. Apparently, some sources claimed that Venezuela would pay its giant debt to Russia in digital currency. As a reminder, most Russian high-ranking officials are still very suspicious to the idea of cryptocurrency even in mundane deals, and here we are talking about a sum of $3.15 billion.

This leads to believe that while Russia might have helped Venezuela and doesn’t want anyone to know about it (and it’s still only a theory), the probability of Kremlin agreeing to see leviathan debts paid in cryptocurrency is extremely unlikely.

Image courtesy of zastavki.com