According to Decrypt, Bank of Venezuela customers have reported a new module integrated into the management interface of their accounts to facilitate registration for a digital wallet that supports the Petro.
The wallet purportedly features a drop-down menu allowing users to choose what type of cryptocurrency they wish to use, indicating that Bank of Venezuela is seeking to support other virtual currencies in the future.
During June, Maduro announced that a $924 million bolivar ($150,000) budget had been approved to finance the distribution of one million digital wallets loaded with Petro tokens to Venezuelan students and youth.
Despite the Venezuelan government’s efforts to drum up public support for the Petro, data shows record Venezuelan bitcoin (BTC) in recent weeks.
According to Coin.dance, the Venezuelan peer-to-peer BTC market on Localbitcoins has posted record volume for eight of the ten past weeks when measuring in bolivars.