US Senators Seek Stronger Sanctions on Venezuela's 'Petro' Cryptocurrency

2018-10-6 23:00

A bipartisan group of U.S. senators are pushing for tighter sanctions against Venezuela's state-backed cryptocurrency, known as the petro.

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2019-1-4 20:03


Venezuela’s Central Bank Unveils Android App for Bolivar to Petro Conversion

In a bid to push its new digital currency, the Banco Central de Venezuela, the country’s central bank, has recently launched an Android app. The app, known as “Calculadora Soberana”, allows users to convert their old Bolivar to the newly coined Bolivar Soberano, which is pegged to the country’s controversial Petro cryptocurrency.

2018-8-29 01:08


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New Venezuela Bolivar A ‘Scam On Top Of Another Scam,’ Says Media

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2018-8-23 04:00


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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.

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Venezuela Ties Own Currency to Sanctioned Petro as Maduro Talks of ‘Great Hope’

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2018-7-28 11:00


Venezuela’s Oil-Backed Petro Cryptocurrency To Finance Country’s Housing Project

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2018-7-5 08:54


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The Price Decline of Cryptocurrency is Trivial in Comparison to Venezuela’s Financial Woes

It is still believed cryptocurrency will have a positive impact, although it may not be in the form of Bitcoin or even the Petro. Venezuela and Nano Mix Well According to a recent Reddit thread, the financial situation in Venezuela is only getting worse. It is evident financial hardship has become the new normal in

2018-7-3 17:57