Venezuela President Urges Investors To Buy Petro As Citizens Prefer...
The president of Venezuela has issued an open call for foreign investors to buy up the country’s notorious state-issued cryptocurrency, despite international sanctions. Maduro...
Russia Says Venezuela’s Petro Acceptance ‘Not...
Russia has not discounted the idea of using state-issued cryptocurrency Petro in commercial operations with Venezuela. Russia: No Petro Payments ‘Yet’ Those were the words...
Venezuela Artificially Inflates Petro 150 Percent As Bitcoin Sets New...
Venezuela saw yet another new record for Bitcoin use December 1 after another week of economic shake-ups made the cryptocurrency more appealing than ever. 1 Week, 1300 Bitcoins Data...
Venezuela Finally Launches Controversial State-issued Petro...
Venezuela’s President Nicolas Maduro recently announced the official launch of the Petro cryptocurrency. In a follow-up development, the government says payment for travel passports...
Maduro: Petro Public Sale In November While Website and Wallet Are...
Venezuelan President Nicholas Maduro has made a series of announcements concerning the Petro. Currently, the public sale for the controversial virtual currency is set for November 5th...
Venezuela Ties Own Currency to Sanctioned Petro as Maduro Talks of...
Venezuela will remove five zeros from its ailing currency, the Bolivar, and peg it to its controversial Petro cryptocurrency, President Nicolas Maduro said in a public broadcast July...
India: No Plans to Use Venezuelan Petro to Pay for Crude Oil
India has no plans to use Venezuela’s cryptocurrency – the Petro – to pay for crude oil imports from the South American country. India is already a regular customer...
Central Bank of Venezuela to Receive $1 Billion from Petro Sale
The Central Bank of Venezuela will receive $1 billion from the proceeds of the Petro sale. Petro Sale Exceeds $3 Billion President Nicolas Maduro made the announcement in a statement...
Venezuela’s Petro Now Purchasable with Foreign Fiat
Last month, Venezuela became the first country to issue its own cryptocurrency with the launch of the purportedly oil-backed Petro. Now, the digital currency is available for purchase...
President Trump Bans US Citizens from Buying Venezuela’s Petro
The Venezuelan Petro’s alleged astronomical success could be under threat as US President Trump puts plans in process to prohibit American citizens from purchasing the digital...
Petro is a Terrible Investment (If You Didn’t Already Know)
Near the middle of February, collapsing socialist country Venezuela launched Petro — the world’s first state-issued cryptocurrency — purportedly backed by the country’s oil...
Venezuela Opens State-Funded Crypto School as Citizens Starve
Days after launching the world’s first ever state-issued cryptocurrency, the government of Venezuela has opened up a cryptocurrency school for its citizens — presumably to...