Tag Archives: PETRO

You Can Now Buy Our Venezuelan Oil in Crypto Petro

Venezuela’s plans to sell its mineral resources for its cryptocurrency Petro will reportedly take off this year. According to the Venezuelan President Nicolas Maduro, the country’s oil will be sold in the national cryptocurrency. Other products including precious metals as well as industrial metals will also be sold in Petros. Continue reading You Can Now Buy Our Venezuelan Oil in Crypto Petro

Turns out Venezuela’s Oil-Backed Petro Cryptocurrency is Real after All

In December 2017, Venezuelan President Nicolas Maduro announced that the South American nation’s government was going to launch an oil-backed cryptocurrency called the Petro. Since then, the cryptocurrency’ actual existence has been questionable, but CCN recently got our hands on some tokens. Continue reading Turns out Venezuela’s Oil-Backed Petro Cryptocurrency is Real after All

Venezuela Gives Maduro the Boot, Will This be the End of His Petro Cryptocurrency?

The world is watching complete chaos in Venezuela, which is dire financial straits. Crypto investors who steered clear of a crypto offering peddled by the country’s president should be breathing a sigh of relief. Continue reading Venezuela Gives Maduro the Boot, Will This be the End of His Petro Cryptocurrency?