Venezuelan citizens now have a way to buy crypto currency
People of venezuela can buy crypto from Venezuela using state biometrics payment platfroms
Venezuelas largest bank has teamed up with financial services startup Glufco to provide crypto purchase solutions
This partnership will allow citizens to buy dollar pegged stable coins that can be later used to purchase crypto
State biometrics payment platfrom biopago will allow users to convert fiat to dollar pegged stable coins
This will be used as a pathway to buy bitcoin and other crypto currency legally
Citizens can buy bitcoin and other crypto assets from state owned welfare accounts
This move will bring more financial stability in the country and help remittance flow in the country using this system
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