Tag: Nicolás Maduro
In Venezuela, the Petro Is a No-Show
Reuters searched extensively through Venezuela but found no evidence that the Petro actually exists. The socialist policies of Venezuelan President Nicolás Maduro continue to wreak havoc…
Petro: Venezuelan President Orders Commercial Banks to Adopt the Cryptocurrency
President Nicolás Maduro of Venezuela has mandated all local banks to accept the country’s national cryptocurrency, Petro, as a unit of account. This move is…
Dash CEO: Venezuela Has Become Our Number Two Market Amid the Country’s Hyperinflation
Crypto asset Dash is witnessing a surge of interest from residents in Venezuela as people turn to cryptocurrencies as a way of storing value amid the…
Venezuela to Use Petro to Finance Home Building
The President of Venezuela has approved the use of the country’s cryptocurrency, the Petro, to be used to finance the building of new homes in the…
