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 by the national government in its
Petro (Latest Publications)
Banks in Venezuela will adopt Petro
The Venezuelan government ordered banking entities to establish the Petro – the cryptocurrency issued by Nicolás Maduro in February – as an account unit.
Venezuela: the minimum wage equals half Petro
Less than a month after the announcement of the monetary reconversion, the President of Venezuela Nicolas Maduro ordered new economic measures, this time in relation to
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. This time, it is about a
Venezuelan government announces housing financing with Petro tokens
Venezuelan officials made public their intention to use cryptocurrencies as economic support for a housing plan that would benefit those in need for a home.
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 until 2017, when the blockchain technology
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 operations of the first cryptocurrency bank
Venezuela seeks to purchase auto parts from Russia with its petro coin
The Venezuelan government has announced it is currently in talks with Russian authorities to make use of its state cryptocurrency, the Petro, in the purchase of
Crypto-exchange Bitfinex will exclude Venezuelan Petro from its platform
On March 27, Bitfinex, one of the world’s most important crypto-exchanges, issued a statement in which asserted its platform won’t support or allow any transaction with
Venezuelan politician rejects U.S. sanctions against the Petro
A senior state official from Venezuela raised his voice on the subject of new sanctions imposed by the government of Donald Trump, against the recently launched
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