Venezuela Citizens See ‘No Sign’ of National Petro Cryptocurrency
Amidst a mounting economic crisis, Venezuela's oil-backed cryptocurrency the Petro is nowhere to be found. Numerous reports indicate an almost ...
Tag: Petro
Venezuela’s Central Bank Unveils App to Convert New Crypto-Pegged ‘Sovereign Bolivar’
Hyperinflation in Venezuela is so bad, the nation’s Central Bank has released an Android app to help citizens calculate how ...
As Cryptocurrency Gains Popularity In Israel, Discussions Continue About a ‘Crypto-Shekel’
Top leadership in Israel has long considered launching a state-backed virtual currency. Discussions have only grown as the nation’s cryptocurrency ...
New Venezuela Bolivar A ‘Scam On Top Of Another Scam,’ Says Media
The government of Venezuela pegging its national currency to cryptocurrency Petro and relaunching is a “bigger stunt” than 1920’s Germany ...
Venezuela’s Currency Devalued By 96% as Maduro Announces New Crypto-Pegged Forex Rate
On Friday, Venezuelan President Nicolas Maduro announced a new single exchange rate for the bolivar that’s pegged to the Petro ...
Venezuela Ties Own Currency to Sanctioned Petro as Maduro Talks of ‘Great Hope’
Venezuela will remove five zeros from its ailing currency, the Bolivar, and peg it to its controversial Petro cryptocurrency, President ...
Venezuela: Record Bitcoin Buying Spree Continues Amid Hyperinflation
Hyperinflation is rampant in Venezuela as bitcoin trading volume keeps hitting new records each week. Meanwhile, authorities are scratching their ...
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 ...
