2018-12-11 12:22 |
Venezuelan President Nicolas Maduro has announced that as of March 2019, the country will sell oil only in Petro.
Similar to Notcoin - Blum - Airdrops In 2024
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CoinSpeaker Venezuela Sidesteps USD to Use Petro Token for Oil Sales Starting from 2019 In 2019, Venezuela will start selling oil in exchange for Petros and bypass US-imposed sanctions.
2018-12-10 10:31 | |
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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 | |
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Venezuela has been struggling with hyperinflation for over five years now, and the economy continues to suffer as a result. Citizens have died of starvation, unable to even buy a meal for their family, while others look outside of the country to find something to eat.
2018-12-8 02:06 | |
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Venezuela's President Maduro has said the nation will sidestep the dollar and use its controversial petro token for oil sales next year.
2018-12-7 18:00 | |
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Is cryptocurrency becoming more mainstream? It could be if one of America’s most prominent game shows features an entire category devoted to it. The November 29, 2018, episode of “Jeopardy!” — which has been on the air since 1964 — offered five unique questions centered around cryptocurrencies and their technology to test out its contestants’ knowledge on the subject: The results reveal that they did indeed know their fair share.
2018-12-1 22:18 | |
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CoinSpeaker Maduro Further Takes All the Imaginable Steps to Push the Adoption of His Petro Token A new initiative of Venezuela aimed at boosting Petro adoption presupposes making it the main digital currency backed by oil.
2018-11-12 16:15 | |
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Petro is the state-backed currency of Venezuela, but they want to expand its use to be applied to oil as well. They are planning to present their option as a “digital currency of oil” at the Organization of the Petroleum Exporting Countries (OPEC) next year, according to a twitter post from PDVSA. The translated tweet […]
2018-11-10 01:04 | |
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Allegations that Venezuela’s Petro cryptocurrency is all hot air hasn’t stopped President Nicolas Maduro from announcing a special exchange period for the Petro, and that he’ll be presenting it to the Organization of the Petroleum Exporting Countries (OPEC) next year as a unit of account for Venezuelan oil.
2018-11-10 23:00 | |
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Venezuela is hoping the world's oil markets will start using its controversial national cryptocurrency, the petro.
2018-11-9 12:20 | |
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Venezuela’s President Tells Citizens To Invest In Gold And The Petro Crypto Nicolas Maduro, the president of Venezuela, has been reported by the local media outlet Noticiero Digital to go to television and ask workers to invest in gold and in the Petro, the new state-backed cryptocurrency which will allegedly be backed by Venezuelan oil. […]
2018-10-19 22:14 | |
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Blockchain is enabling the tokenization of physical commodities such as oil (Venezuela’s petro token), real estate and gold (Ekon coin). CARAT token is making its debut this week on Taiwan-based exchange Hotbit and it enables investors to hold digital coins that are backed by real diamonds.
2018-9-27 23:00 | |
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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.
2018-9-21 15:35 | |
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In Monday’s edition of The Daily we cover the news that Bittrex exchange has invested in a new Malta-based trading platform aimed at institutions, and a research report which predicts that the crypto ATM market will grow by over 50% a year and more.
2018-9-3 12:05 | |
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The petro has stirred up a lot of debate among the cryptocurrency community. Some believe it is a successful example of using the technology to create resource-backed assets and bypassing financial sanctions.
2018-9-3 18:55 | |
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As the Venezuelan people are plunged further into fiscal despair, the Maduro government is attempting to resuscitate the broken economy by pegging the petro, an “oil backed cryptocurrency,” to the bolivar.
2018-8-30 15:49 | |
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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.
2018-8-17 19:40 | |
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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.
2018-8-16 16:00 | |
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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.
2018-8-16 00:26 | |
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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).
2018-8-14 12:46 | |
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In order to curb inflation in Venezuela, five zeroes will be removed from the national currency, the Bolivar according to July 26, 2018, reports. Furthermore, the value of the money will reportedly be tied to the government-controlled cryptocurrency, the Petro.
2018-7-27 23:00 | |
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The Venezuelan Petro is a cryptocurrency that is very much used to being in the limelight. Not for being a technological revolution, more for its association with oil funding and funding from the Russian government.
2018-7-6 12:00 | |
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Hyperinflation is rampant in Venezuela as bitcoin trading volume keeps hitting new records each week. Meanwhile, authorities are scratching their heads on how to rein in the burgeoning, albeit underground industry, including attempts to crackdown on the importation of cryptocurrency mining equipment.
2018-6-22 03:00 | |
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