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Venezuelan President Nicolas Maduro Announces Launch of Country’s ‘Petro’ Cryptocurrency, Availability Date
On Monday, Oct. 1, Venezuelan President Nicolas Maduro announced the official launch of the country’s official cryptocurrency, called Petro, alongside the release of the Spanish-language white paper for the coin. дальше »
2018-10-3 17:00 | |
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Maduro: Petro Public Sale In November While Website and Wallet Are Live
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. Venezuelan President Nicholas Maduro gave key updates about the nation’s Petro digital currency during a joint radio and television broadcast. дальше »
2018-10-3 12:00 | |
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Venezuela’s useless Petro cryptocurrency will hit international markets in October
Venezuelan President Nicolsic] will enter the streets to become a means for commodity exchange, purchase and convertible currency for the whole world,” Maduro said (via Sputnik News). Maduro has been pushing the Petro for some time. дальше »
2018-9-21 15:35 | |
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Where Is Petro – Venezuela’s Sovereign Cryptocurrency?
Cryptocurrency is the answer to some problems in the world, but it isn’t necessarily a savior for an economy plagued by hyperinflation and bad policies. The Nicolas Maduro led Venezuelan government has failed on several fronts to save the country from extreme hardships. дальше »
2018-9-6 16:29 | |
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Reuters: криптовалюта Petro фактически не существует
Национальная криптовалюта Венесуэлы Petro ничем не обеспечена и фактически не существует. Об этом свидетельствуют результаты расследования Reuters. Журналисты агентства выяснили, что упоминаемое президентом страны Николасом Мадуро (Nicolas Maduro) месторождение нефти Ayacucho 1 в Атапирире никем не разрабатывается. дальше »
2018-9-3 12:51 | |
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Venezuelan Authorities Mandate Local Banks to Integrate Oil-backed Petro Cryptocurrency
Venezuela’s President Nicolas Maduro and his cabinet are determined to liberate the nation from the age-long economic crisis that has plagued the region, with its native digital currency the Petro. дальше »
2018-8-30 03:00 | |
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Venezuela’s President Gives Further Push to Petro Ordering Banks Adopt the New Crypto
Venezuelan President Nicolas Maduro ordered banks to adopt the Petro, the Maduro government-launched cryptocurrency, as a unit of account and use this cryptocurrency in all financial reports. The post Venezuela’s President Gives Further Push to Petro Ordering Banks Adopt the New Crypto appeared first on CoinSpeaker. дальше »
2018-8-29 12:28 | |
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President Maduro is forcing Venezuelan banks to use his dodgy cryptocurrency
Nicols been Maduro’s plan to pull Venezuela out of financial turmoil. Last month, its highest ever inflation rate was recorded, with prices for goods and services rising by at least 82,766 percent. дальше »
2018-8-28 13:15 | |
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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 many new sovereign bolivar units they possess. The release arrives after the national government re-denominated the old currency last week. дальше »
2018-8-28 13:00 | |
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Venezuela Government Launches Sovereign Calculator Android App for Crypto-Backed Bolivar
Venezuela Has Gone Ahead To Launch The Android App For The New Crypto Backed Bolivar Earlier on this week Nicolas Maduro the Venezuelan president went ahead to make the controversial decision on the current issue that exists in the new fiat currency that is referred to as the sovereign bolivar, should be backed by the […] дальше »
2018-8-24 20:56 | |
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Is Dash an answer to Venezuela hyperinflation?
With Venezuela facing a hyper-inflation that is making its fiat currency volatile and spiral out of control, there is a lot of confusion prevalent among the people. Over the weekend, the President Nicolas Maduro, devalued the Venezuelan Bolivar by 95%. дальше »
2018-8-23 16:36 | |
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Venezuela’s Native Fiat Bolivar Undergoes Historic Devaluation, Gets Pegged to ‘Petro’
As per the new guidelines from President Maduro, Bolivar has been devalued by 96%. While as inflation reach record-high, Venezuelan citizens express concerns and shift towards adopting digital assets. дальше »
2018-8-21 17:50 | |
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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 virtual currency. Under the new guidelines, one Petro would equal $60 dollars, which means the nation’s currency is essentially devalued by 96 percent. дальше »
2018-8-19 15:00 | |
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Panic in Venezuela as Maduro Launches New Money
Crypto public spaces have seen an uptick of Venezuelans posting today following a surprise announcement by Nicolas Maduro that the minimum wage is to increase from $1 to $30. That has... The post Panic in Venezuela as Maduro Launches New Money appeared first on Trustnodes. дальше »
2018-8-19 13:53 | |
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Венесуэльцы будут получать минимум 0,5 Petro в месяц
Президент Венесуэлы Николас Мадуро (Nicolas Maduro) заявил, что привязка боливара к Petro позволит увеличить минимальную зарплату в 60 раз – до $30, 1800 суверенных боливаров или 0,5 Petro. Как сообщалось ранее, новая система зарплат и цен, привязанная к национальной криптовалюте Petro, вступит в действие 20 августа. дальше »
2018-8-19 13:36 | |
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Venezuelans to Be Paid at Least Half a Petro a Month
Announcing a 60-fold increase of the minimum monthly salary, President Maduro promised Venezuelans they will be paid at least 0. 5 petro, once his monetary reforms are in place next week. The national crypto will be exchanged at a rate of $60 USD and the new “sovereign bolivar” will be pegged to the digital coin. дальше »
2018-8-19 05:25 | |
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Venezuela’s Oil-Backed Cryptocurrency Petro will Officially be Second Alternative Currency
Petro Is Now The 2nd Alternate Currency In Venezuela It’s now official; Petro is the second accounting unit in Venezuela. According to a statement from the country’s president, Nicolas Maduro, the oil backed cryptocurrency will be officially used by the country’s state owned company PDVSA. дальше »
2018-8-17 19:40 | |
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Oil-backed Petro Cryptocurrency Set to Officially Become Venezuela’s Second Unit of Account
President Nicolas Maduro of Venezuela has announced on August 14, 2018 that with effect from August 20, 2018, the petro cryptocurrency would officially become the second unit of account in the nation, as the central bank issued altcoin will be used extensively by state-owned oil firm, PDVSA and may also be used to pay workers’ salaries. дальше »
2018-8-16 16:00 | |
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Venezuela Nationalizes Petro, Will Introduce Crypto-Based Salary System for Workers
Venezuelan President Nicolas Maduro recently revealed that the nation’s oil-backed cryptocurrency, the petro, will be used as a unit of account by the state oil company PDVSA. дальше »
2018-8-16 00:26 | |
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Venezuela to Have Two Units of Account – Petro and Petro-Pegged Bolivar
President Maduro’s Venezuela is preparing to effectively adopt next week two official units of account – the nation’s crypto, El Petro, and the new petro-pegged bolivar that will replace the inflated national fiat. дальше »
2018-8-15 19:55 | |
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Maduro’s Petro cryptocurrency will be an official currency in Venezuela – like the Bolivar
In a bid to save Venezuela from hyperinflation, embattled President Nicolnezuela will have a second accounting unit based on […] the value of the Petro. ” Maduro declared in a televised address (spotted by Sputnik). дальше »
2018-8-14 12:46 | |
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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 Nicolas Maduro said in a public broadcast July 26. Maduro: Bolivar Will ‘Anchor Petro’ The Bolivar, which had become so inflationary that online gaming tokens such as World of Warcraft gold were a more stable store of value, is currently worth just $0. дальше »
2018-7-28 11:00 | |
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FINMA Launches Proceedings Against $100 Million ICO
Switzerland’s financial regulator, the Swiss Financial Market Supervisory Authority (FINMA), has announced that it has launched proceedings against initial coin offering (ICO) issuer, Envion AG. Also Read: Bolivar ‘Anchored’ to the Petro to Be Issued in August, Maduro Says FINMA Launches Proceeding Against $100 Million ICO A press release published by the Swiss Financial Market Supervisory […] The post FINMA Launches Proceedings Against $100 Million ICO appeared first on Bitcoin News. дальше »
2018-7-27 10:45 | |
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Bolivar ‘Anchored’ to the Petro to Be Issued in August, Maduro Says
A new Venezuelan fiat currency, ‘anchored’ to the nation’s crypto, the Petro, is expected to start circulating in the second half of August. The news was announced by president Maduro himself, along with other measures intended to improve the economic situation in the country. дальше »
2018-7-26 20:45 | |
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Venezuela To Have a New Fiat Currency Anchored To Cryptocurrency Petro
A few hours ago, the president of Venezuela, Nicolas Maduro Moros, made a television announcement to the country in which he revealed new economic policies framed in what he described as a comprehensive plan to restore the country’s financial stability. дальше »
2018-7-26 19:06 | |
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Think tank urges crypto holders to spend coins to aid humanitarian causes and stop dictators
The Center for Strategic and International Studies, a DC based think tank is urging cryptocurrency holders around the world to spend their coins to undermine authoritarian dictatorships such as the one in in Venezuela under Nicolas Maduro. дальше »
2018-7-13 23:10 | |
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Congress At Loggerheads With President Maduro Over Financing Housing Project Using Petro Cryptocurrency
A recent statement which was published by a local news media, Criptotendencia in the country reports that the Minister of Habitat and Housing Minister, Ildemaro Villarroel has revealed the government’s plan to build affordable houses for those who ordinarily can’t afford it. дальше »
2018-7-7 18:30 | |
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Banks and Cryptocarrens Global Assessment: Middle East
As many advocate to replace the U. S. dollar as the global reserve currency, Bitcoin and nationalized cryptocurrencies may finally offer Muslim countries economic stability and leeway in Western politics. дальше »
2018-6-14 15:27 | |
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