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Why the cryptocurrencies are not saving the country in a crisis.
The Venezuelan government launches a free training course to teach its citizens how to buy, sell and mine cryptocurrencies following launch of Petro (PTR).
Venezuela launched Petro pre-sale. What is the economic nature and implications of the world’s first government-issued cryptocurrency?
Venezuela launched the pre-sale of the world’s first national cryptocurrency Petro (PTR).
Venezuela’s Minister of Foreign Trade has reported that countries like Poland, Denmark, Norway are already interested in the oil-backed “petro” cryptocurrency.
While announcing Petro coin presale, Venezuela has dramatically U-turned on its cryptocurrency mining policy, announcing it is now “perfectly legal”.
Venezuelan President Maduro asks for 10 countries’ cooperation in creating his proposed oil-backed cryptocurrency, the Petro.
Petro, the oil-backed cryptocurrency planned by Venezuela’s president, is “a new act of fraud”, according to a member of the country’s parliament.
Venezuela will issue the first 100M Petros, the national cryptocurrency tied to the value of a barrel of oil.
Venezuela announces oil-backed cryptocurrency called the ‘Petro’ following massive Bitcoin adoption, devaluation of the Bolivar.
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