Venezuela’s Central Bank Launches Android App to Convert Bolivars to Petro-Pegged Currency
The Banco Central de Venezuela, Venezuela’s central bank, has recently launched an Android app to…More
Tagged: Petro
Venezuela’s President Devalues Fiat Currency by 95%, Pegs it to Crypto ‘Petro’
Over the weekend, Venezuelan President Nicolas Maduro began broad economic changes that ultimately ties Venezuela’s…More
Petro Will Be An Official Alternate Currency in Venezuela
Venezuelan President Nicolás Maduro announced this that the Petro, an oil-backed cryptocurrency that the country…More
India turns down Venezuela’s cryptocurrency deal
Sorry Venezuela, it’s a resounding no for India. According to reports, the government of India…More
India must decide if it hates cryptocurrencies more than a good oil deal
Venezuela, the world’s second-largest crude oil producer, is learnt to have offered a 30% discount…More
Venezuela’s offer to India: Buy crude oil at 30% discount but through cryptocurrency
Venezuela, a South American country with the largest oil reserves in the world, has offered…More
Venezuela to pay for Russian imports in local cryptocurrency
Venezuela, which is suffering from depleted dollar reserves, hyperinflation and economic crisis, intends to pay…More
Venezuela’s Cryptocurrency Petro Sales Start Announced by Maduro
Venezuelan President Nicolas Maduro said the nation’s new digital currency called petro will be traded…More
Why President Trump’s Banning the Petro Matters for Real Cryptocurrencies
With the stroke of a pen, President Donald Trump may have just accomplished what most…More
President Trump Bans U.S. Citizens From Buying Venezuelan Cryptocurrency Petro
President Donald Trump banned U.S. purchases of a cryptocurrency the Venezuelan government is rolling out,…More