Venezuela President Maduro Touts Trezor Bitcoin Pockets on Nationwide TV

Venezuela President Maduro Touts Trezor Bitcoin Pockets on Nationwide TV

Bitcoin
November 9, 2019 by The Btc News
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On Nov. 6, President of Venezuela, Nicolas Maduro appeared on state-run tv station Venezuelan Tv Company (VTV), holding a crypto {hardware} storage system allegedly developed by main pockets provider Trezor. The video is posted on the official Fb web page of President Maduro. Trezor says it’s unaware of the alleged Trezor representatives who appeared on
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On Nov. 6, President of Venezuela, Nicolas Maduro appeared on state-run tv station Venezuelan Tv Company (VTV), holding a crypto {hardware} storage system allegedly developed by main pockets provider Trezor. The video is posted on the official Fb web page of President Maduro.

Trezor says it’s unaware of the alleged Trezor representatives who appeared on the Venezuelan nationwide TV alongside Maduro.

Trezor says it’s investigating

In a information phase titled “Personal firms of cryptocurrency are operative in Venezuela,” Maduro was assembly an organization that launched themselves as alleged representatives of Trezor in Venezuela, Trezorvenezuela.

The alleged representing agency has a Fb web page and an account on Instagram, the place it refers back to the official web site of Trezor, trezor.io.

Following the reviews on social media, the official Trezor account on Twitter denied the knowledge that the corporate featured on VTV is formally linked to Trezor.

The official firm stated that they haven’t official resellers in Venezuela, noting they weren’t conscious of the problem. In a tweet on Nov. 7, Trezor stated they launched an investigation:

“To make clear the scenario, we’ve got no official resellers in Venezuela (http://trezor.io/resellers/ ) in addition to we weren’t conscious concerning the technological honest. We’re investigating this concern.”

On-line commentators prompt that the corporate showing on VTV was apparently an unlicensed reseller of Trezor.

Trezor publishes official assertion on the matter

After Cointelegraph initially revealed this text, Trezor launched an official assertion to verify that Trezor and Satoshilabs didn’t attend Maduro’s crypto honest in Caracas on Nov. 6. In a weblog publish, the corporate elaborated that Trezorvenezuela was a certified reseller of Trezor based mostly on a mutual settlement of Q3 2018 earlier than the corporate eliminated them from the approved resellers checklist in June 2019 attributable to inactivity. Nevertheless, Trezor doesn’t limit the sale of Trezor merchandise by Trezorvenezuela in any particular areas, the corporate added.

Moreover, Trezor highlighted its stance in direction of the political scenario in Venezuela by claiming that Trezor and Satoshilabs “don’t affiliate with any political determine, serving or retired, in Venezuela or in some other area.” In Could 2019, Trezor supplied 150 Trezor One units to their associates from the charitable group Bitcoin Venezuela for use purely for charitable functions, the corporate added.

Maduro pushes Petro adoption at a current occasion

After launching Venezuela’s oil-backed cryptocurrency Petro (PTR) in February 2018, Maduro formally ordered one of many nation’s main banks, Banco de Venezuela, to just accept PTR in July 2019.

In accordance with a report by Venezuelan newspaper El Common on Nov. 6, Maduro carried out a convention on the Banco de Venezuela with a purpose to focus on measures to deliver extra adoption to Petro cryptocurrency. On the occasion, Maduro reportedly introduced the procedures for the sale and buy of merchandise through Petro.

Disclaimer: Cointelegraph up to date the story to incorporate Trezor’s official assertion on the problem.





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