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US President Donald Trump introduces executive order, banning US citizens from buying Venezuela’s oil-backed digital currency, the Petro.
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).
The governments of Turkey and Iran are considering launching their own state-backed cryptocurrencies, following in the wake of the Venezuelan Petro.
The crypto market is in the red again today, with Bitcoin dipping below $10,000 at one point, and Ethereum moving closer to $800.
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.
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