A
Times magazine article claiming that Russia helped Venezuela to
develop the Petro was deemed a "blatant lie" by Russia.
Artyom
Kozhin, Russian Deputy Director of the Information and Press
Department of the Russian Foreign Ministry, said Venezuela and his
country had never collaborated on developing the new Venezuela
cryptocurrency called the Petro, in response to a story in Time
Magazine making the claims.
"We
homed in on a fake news story published by Time magazine and others
that are popping up nowadays like mushrooms after a spring rain,
claiming that they had a front-page exclusive on the alleged Russian
origin of the Venezuelan cryptocurrency - the Petro," he
said. Kozhin noted that, "Undoubtedly, this exclusive report
on the alleged involvement of Russian authorities in the inception of
the Petro is a blatant lie."
He
pointed out that Time magazine ignored an official comment it
received by the Russian Finance Ministry. “In no way, have the
Russian financial authorities ever participated in this project...
"During
the course of the meeting held on Feb. 21, 2018 in Moscow,
Venezuela’s Minister of Economy and Finance Mr. [Simon] Zerpa
indeed handed over a booklet on the cryptocurrency to the Russian
Finance Minister exclusively for the purpose of informing Russian
partners about this project.”
The
official affirmed, however, that “None of the parties mentioned,
discussed or reviewed the topic of cryptocurrency use in
Russian-Venezuelan cooperation."
The
Petro, which was made available for presale on Feb. 20, is being used
to counter U.S.-imposed sanctions and the economic war waged by
Washington on the South American country. Maduro said the new digital
coin aims to strengthen the country's "monetary sovereignty,
to make financial transactions and overcome the financial blockade."
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