Tag: Petro
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Venezuela: What Do We Do with All This BTC and ETH?
Well, well… The truth has come out. Despite Venezuela pushing for Petro adoption and allegedly threatening cryptocurrency miners, the country seems to have its own…
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Workers in New Zealand Set to Earn Paychecks in Bitcoin
New Zealand is now making it legal for workers to garner their paychecks in bitcoin, but there are several problems with this plan. New Zealand…
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Is Venezuela Trying to Intimdate Bitcoin Miners?
Venezuela has had something of a controversial history with cryptocurrencies. While the digital assets have grown in popularity over the years, they have come with…
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Venezuela’s Central Bank Now Required to Sell Petro
The president of Venezuela, Nicolas Maduro, has ordered the nation’s central bank, Banco de Venezuela, to begin selling the Petro as a means of pushing…
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Can Brazil Handle A Crypto Regulatory Framework?
It appears cryptocurrency regulation is heading to Brazil. Brazilians Love Their Crypto South America has proven to be a popular haven for most forms of…
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Coinbase Offers Venezuelans Crypto for Christmas
Popular U.S. cryptocurrency exchange Coinbase is showing its charitable side by donating cryptocurrency to over 300 people in Venezuela. Tis the Season for Crypto To…
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Venezuela President Increases Petro Value by 150 Percent
President Nicolás Maduro of Venezuela recently assigned a new value for the Petro – the country’s controversial state-issued cryptocurrency. The Venezuelan leader also announced a…
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Venezuela to Use the Petro Cryptocurrency in International Petroleum Trade
Venezuela’s government plans to present its national cryptocurrency, the Petro, as a unit of account for international crude oil trade to the Organization of Petroleum…
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US Congress on Slippery Slope as it Seeks to Outlaw Venezuela’s Petro Cryptocurrency?
Venezuela’s national cryptocurrency venture continues to generate media buzz. The Petro is designed to bypass existing sanctions and embargoes imposed upon the country. US Congress…
