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Petro

In 2017, president of Venezuela, Nicolas Maduro, announced the development and issuing of an official Venezuelan cryptocoin — El Petro cryptocurrency — for Venezuelan… In 2017, president of Venezuela, Nicolas Maduro, announced the development and issuing of an official Venezuelan cryptocoin — El Petro cryptocurrency — for Venezuelan citizens. According to the president, the Venezuelan digital currency Petro’s meaning for the… In 2017, president of Venezuela, Nicolas Maduro, announced the development and issuing of an official Venezuelan cryptocoin — El Petro cryptocurrency — for Venezuelan citizens. According to the president, the Venezuelan digital currency Petro’s meaning for the…

venezuela-petro-coin-shut-down-jan-15-after-six-years-report

Venezuela’s unlucky petro coin to shut down Jan. 15 after 6 years: Report

Derek AndersenJan 12, 2024

venezuela-extends-reorganization-crypto-agency-six-months

Venezuela extends reorganization shutdown of crypto agency to March 2024

Sep 26, 2023

Venezuela shuts down crypto mining facilities, exchanges amid corruption probe

Mar 25, 2023

Ana Paula Pereira

venezuela-overhauls-national-crypto-department

Venezuela overhauls national crypto department

Mar 19, 2023

Ana Paula Pereira

venezuelans-reportedly-hit-by-new-bitcoin-tax-of-up-to-20

Venezuelans reportedly hit by new Bitcoin tax of up to 20%

Feb 7, 2022

venezuelan-international-airport-to-accept-bitcoin-payments-report

Venezuelan international airport to accept Bitcoin payments: Report

Oct 12, 2021

Petro: All latest articles

venezuela-to-launch-cbdc-in-october-and-cut-six-zeros-from-its-currency

Venezuela to launch CBDC in October — And cut six zeros from its currency

The Central Bank of Venezuela is rolling out a CBDC in October and will launch an SMS-based exchange system to facilitate its use.

Aug 6, 2021

venezuelan-army-starts-mining-bitcoin-to-make-ends-meet

Venezuelan army starts mining Bitcoin to make ends meet

The Venezuelan army turns to crypto mining as the country's economy collapses.

Nov 30, 2020

no-you-cant-buy-venezuelas-petro-on-any-overseas-exchanges

No, you can’t buy Venezuela’s Petro on any overseas exchanges

The Venezuelan government has not yet announced partnerships capable of listing PTR abroad.

Sep 21, 2020

venezuela-may-soon-be-collecting-taxes-in-crypto

Venezuela May Soon Be Collecting Taxes in Crypto

Venezuelan mayors agreed to join the government’s plan to expand the adoption of Petro despite some municipalities not having the technology to handle it.

Aug 12, 2020

venezuelan-petro-payments-may-be-on-the-rise

Venezuelan Petro Payments May Be on the Rise

The government of Nicolas Maduro claims that 15% of fuel payments at petrol stations were made using the state-backed Petro token.

Jun 12, 2020

us-government-puts-out-5-million-bounty-for-petro-supervisor

US Government Puts Out $5 Million Bounty for Petro Supervisor

The U.S. government issued a $5 million bounty to the supervisor of the Petro, but court documents suggest that crypto has little to do with alleged sanction evasion schemes.

Jun 2, 2020

Andrey Shevchenko

venezuela-raises-petrol-prices-mandates-support-for-petro-at-gas-stations

Venezuela Raises Petrol Prices, Mandates Support for Petro at Gas Stations

Venezuelan petrol stations now support the state-issued Petro cryptocurrencies, however, the rollout comes amid an aggressive adjustment to the country’s petrol regime.

Jun 2, 2020

venezuela-appears-to-have-hard-forked-the-petro

Venezuela Appears to Have Hard Forked The Petro

Signs indicate that Venezuela’s state-backed cryptocurrency quietly underwent a hard fork earlier this month.

May 16, 2020

top-venezuelan-exchange-launches-support-for-offline-bitcoin-transfers

Top Venezuelan Exchange Launches Support for Offline Bitcoin Transfers

Venezuelan digital asset exchange Criptolago has introduced SMS-based cryptocurrency transfers.

Apr 11, 2020