Maduro Orders Venezuela’s Biggest Bank to Accept Crypto Petro Nationwide
The president of Venezuela, Nicolas Maduro, has announced an order requiring Banco de Venezuela —the country's biggest bank— to open ...
America/New_York Thursday, July 18, 2019
Tag: petro
Bolivar to Bitcoin Volumes Hit All-Time High as Venezuela Crisis Intensifies
By CCN.com: As the political and economic crisis in Venezuela escalates, citizens of the South American country are taking refuge ...
Venezuela’s Maduro Is Running Out Of Time. So Is His Petro
By CCN: The petro token, one of the last financial schemes crafted by Venezuelan President Nicolás Maduro, will likely fall ...
Cryptocurrency: Zuckerberg, Dimon, Maduro…You Are Not Welcome Here!
Facebook is the latest in a raft of corporate or government entities creating their own cryptocurrencies. Within weeks of JPMorgan ...
Russia to Regulate Crypto While Launching its Own Oil-Backed Cryptocurrency
Russia's State Duma is planning to pass a resolution on a pending cryptocurrency regulation bill, reported a local source. Oleg ...
Venezuela’s Socialist Establishment Bares its Ugly Fangs with Parasitic Crypto Tax
After years of hiding behind the fig leaf of socialism and revolutionary anti-imperialist rhetoric, the embattled Venezuelan government of Nicolas ...
Turns out Venezuela’s Oil-Backed Petro Cryptocurrency is Real after All
In December 2017, Venezuelan President Nicolas Maduro announced that the South American nation’s government was going to launch an oil-backed cryptocurrency ...
Venezuela Gives Maduro the Boot, Will This be the End of His Petro Cryptocurrency?
The world is watching complete chaos in Venezuela, which is dire financial straits. Crypto investors who steered clear of a ...
No One Knows What Venezuela’s Petro Cryptocurrency is Actually Worth
The value of Venezuela’s oil-backed cryptocurrency, the petro, is seemingly currently unclear, and even taking a look at official government ...
Cameroon Separatists Create Cryptocurrency Called AmbaCoin
A separatist government in Cameroon's semi-autonomous English-speaking southern region of Ambazonia has announced the launch of a new sovereign cryptocurrency ...
Venezuela Starts Converting Pensioners’ Payments to Crypto ‘Petro’: Report
The government of Venezuela has reportedly started converting pensioners’ monthly payments from the country’s fiat currency, the bolivar, to its ...
Cryptocurrency Accepted: Venezuela Will Sell Oil for Petro, Maduro Says
The government of Venezuela has announced that it plans to create a basket of cryptocurrencies for the oil-backed state cryptocurrency, ...
Op-Ed: UK Central Bank Holds Venezuela’s Gold Hostage – Bitcoin Users Unaffected
Venezuela, where bitcoin trading is at an all-time high and the socialist government has issued its own cryptocurrency amid record-breaking ...
Venezuela to Present Petro Crypto to OPEC as a Unit of Oil
The Venezuelan government is reportedly going to present its oil-backed cryptocurrency, the Petro, to the Organization of Petroleum Exporting Countries ...
Absurd: Investors Can Only Trade Venezuelan Petro to Crypto if Bought in 2018
According to TeleSUR TV, a mainstream media outlet in Venezuela, the country’s “cryptocurrency” called the Petro can only be traded ...
Maduro Bankrupted Venezuela — Now He’s Launching a Petro Savings Plan
The Venezuelan government has recently launched a Petro savings plan that allows the country’s citizens to put their money into ...
Venezuela’s Supreme Court Orders Indemnity Payments in State Crypto Petro
Venezuela’s Supreme Court of Justice (TSJ) has recently ordered a national institute to pay indemnities to one of its employees ...
Controversial Venezuelan State Cryptocurrency ‘Petro’ is Now for Sale
After months of speculation regarding the status of Venezuela's much-publicised Petro cryptocurrency project, the Venezuelan government has announced that the ...
As Petro Launch Looms, Venezuela’s Bolivar Eyes 1.4 Million Percent Inflation
Based on findings from the International Monetary Fund (IMF), the annual inflation rate for Venezuela could reach as high as ...
Venezuelans Must Now Pay Passport Fees with the Government’s Petro Cryptocurrency
Starting next week, Venezuelans will have to pay their passport fees with the petro, the controversial state-supported cryptocurrency that is ...
Public Sale of Venezuela’s State Crypto Petro to Commence on November 5
With the Petro now officially launched, the public sale of the state-backed cryptocurrency will begin early next month. In a ...
Venezuela’s Oil-Backed Petro Appears to Be a ‘Blatant’ Copy of Dash
Venezuela’s oil-backed cryptocurrency Petro (PTR) appears to be a “blatant” copy of Dash, as it has the same mining algorithm, ...
Bitcoin Trading Volumes in Hyperinflation-Struck Venezuela Hits Record Highs
As the economic crisis in Venezuela worsens leading to a growing exodus of citizens out of the country, the demand ...
Venezuelans Queue Up at Gas Stations as Maduro’s Latest Fintech Plan Falters
As Venezuelan President Nicolas Maduro starts rolling out major monetary changes, citizens have hit a snag with the new point-of-sale systems ...
Area 51 Aliens Had Nothing to Do with Anheuser-Busch’s Planned Asset Sales
Anheuser-Busch InBev appears to be considering a...
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