Nicolás Maduro

Questions about the existence of Venezuelan Petro arise
The economic crisis is the day-to-day matter in Venezuela, not only because of the never-ending discussions on the measures took ...

Venezuelan government announces new monetary cone pegged to Petro
The decisions of Venezuela’s socialist government regarding the country’s economy keep sparking controversy, especially since President Nicolas Maduro was elected. ...

Contradictions? Authorities propose cryptocurrency ban in Venezuela
The use of cryptocurrencies in Venezuela is identified as a phenomenon growing from quite a long time. However, it wasn’t ...

20 million Petros destined to create cryptocurrency bank for young Venezuelans
President of Venezuela Nicolás Maduro announced this Thursday he will have 20 million Petros – national cryptocurrency – to start ...

Venezuela Announces Exchanges to Trade the Petro
The Venezuelan president, Nicolas Maduro on Monday announced the end of the first phase of the Petro presale. The Venezuelan ...

Trump bans US citizens and residents from trading with Venezuelan oil-backed cryptocurrency
The President of the United States Donald Trump has issued an executive order banning all US citizens and residents from ...

Some products and services must be purchased with petro coins, by order of Maduro
Venezuela’s president Nicolas Maduro ordered the payment of several state-owned businesses’ services, and other providers’ with the recently launched local ...

Five days have passed and the Petro keeps generating controversy
Last Tuesday, Venezuela’s president Nicolas Maduro officially launched what is deemed as the first oil-backed cryptocurrency, the Petro, to local ...

Venezuelan government rates “false” alleged whitepaper of Petro
A supposed whitepaper of the petro coin rolling on the Internet has been rejected by the highest authority in cryptoassets of ...

U.S.: Petro may countervene sanctions against Venezuelan government
The U.S. Treasury has issued a warning to U.S. investors to be cautious when approaching to the recently created Petro ...