Tag: Petro

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Altcoin News

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...
Altcoin News

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 cryptocurrency....
Blogs

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 get...
Altcoin News

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...
Altcoin News

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...
Altcoin News

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...
Altcoin News

Venezuela: Government Enforces Payment for Passport with State-Backed Petro

Amidst a deepening economic and social crisis and a mass exodus of its citizens, Venezuela enforces payment for the passport by the state-backed cryptocurrency...
Altcoin News

Venezuela’s Petro to Be Listed on 6 Global Crypto Exchanges, Claims President Maduro

President Nicolas Maduro of Venezuela has announced the official launched the oil-backed cryptocurrency, Petro, in a televised address to the crisis-struck country. Petro, the Oil-Backed...
Altcoin News

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...
Altcoin News

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...
Altcoin News

Venezuela’s Petro is Nefast for Cryptocurrency and the Blockhain Industry

Issuing a national cryptocurrency opens up a can of worms. Venezuela is finding this out the hard way. Their Petro cryptocurrency is not gaining...
Altcoin News

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...
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