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
The largest bank in Venezuela, the state-owned Bank of Venezuela, appears to have launched services to facilitate transactions in the country’s state-issued oil-backed virtual currency, the Petro. Continue reading Record Bitcoin Trade in Venezuela as Top Bank Launches Petro Services
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
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?
The value of Venezuela’s oil-backed cryptocurrency, the petro, is seemingly currently unclear, and even taking a look at official government sources yields inconclusive results, given substantial price differences. Continue reading No One Knows What Venezuela’s Petro Cryptocurrency is Actually Worth