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
Tagged: Venezuela
India turns down Venezuela’s cryptocurrency deal
Sorry Venezuela, it’s a resounding no for India. According to reports, the government of India…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
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
Venezuela’s “petro” undermines other cryptocurrencies – and international sanctions
Venezuela is in the midst of one of the largest economic disasters in recent history.…More
Venezuela to sell petro cryptocurrency via Dicom forex system
The Venezuela government will start auctioning its new petro cryptocurrency to private companies via its…More
Venezuela’s cryptocurrency is one of the worst investments ever
There are two types of countries, just as there are two types of companies: ones…More
Struggling Nations Think Cryptocurrencies Will Save Them
Last week, the Socialists United-led basket case nation of Venezuela rolled out their cryptocurrency called…More