Petro News

In a major escalation against socialist president Nicolás Maduro, Donald Trump’s administration has frozen all Venezuelan government assets.

The Maduro regime is collecting aviation taxes, and soon refuelling bills, using Bitcoin transfers, say local media.

Venezuela is leading the crypto peer-to-peer BTC trade market, despite government efforts to drive adoption of its oil-backed cryptocurrency, Petro.

Venezuela’s President Nicolas Maduro ordered the country’s leading bank, Banco de Venezuela, to accept the nation’s cryptocurrency El Petro at all its branches.

Venezuela’s representative to the UN reportedly revealed that the country is working with Russia to use oil-backed coin Petro.

The U.S. Treasury has sanctioned Moscow-based bank Evrofinance, claiming it was the main international bank that helped finance Venezuela’s controversial oil-ba...

The Iranian national digital currency is still underway. Time for an overview on a controversial issue in a controversial country.

Venezuela introduces rules for sending crypto remittances, imposing taxes and fees.

As Venezuela enters the crucial part of a political crisis, we decided to trace the fate of the Petro — the national cryptocurrency that seemingly failed to sav...

Venezuela has requested consultations with the U.S. government in connection with “discriminatory” sanctions against its national digital currency.

Venezuela has reportedly automatically converted pensioners’ most recent monthly bonus into its national oil-backed cryptocurrency, the Petro.

Venezuela’s Maduro has increased the Petro’s value from 3,600 to 9,000 bolivars in the midst of ongoing inflation in the country.

Venezuela’s National Assembly adopts crypto legislation and amendments to AML policy in order to allow international Petro trading and circumvent U.S. sanctions...

The head of Venezuela’s state oil company reveals that the country will present Petro at the next OPEC meeting, offering the coin as a unit of account.

Venezuela launches the official sale of state-owned Petro — a controversial coin that can only be purchased from its website or directly from National treasury ...