The Future of Petro: Will The National Crypto Survive If The Maduro Government Is Over?

2019-1-25 22:33

Venezuela is facing some harsh times for a while now. In the last couple of years, the Maduro government is slowly but surely losing popular support and the economic crisis is quickly getting more and more severe.

The fact that the inflation in the country was over a million percent last year also damaged the […].

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Venezuela to Use Petro Cryptocurrency in International Oil Trade

The government of Venezuela recently announced the intended sale of its oil using the Petro cryptocurrency to circumvent U. S economic sanctions come 2019. Circumventing U. S. Sanctions According to Venezuela-based satellite tv, TeleSUR, Venezuelan President, Nicolas Maduro announced that country would create a basket of cryptocurrency for oil-backed state cryptocurrency, Petro.

2018-12-8 12:14