Report: Venezuela State Oversteps All the Limits as Pensioners are Now Forced to Use Petro
Now elderly people in Venezuela will get their monthly pensions in the Petro, despite the fact that it still can’t be used.
Latest Report Questions the Existence of Venezuela’s Petro, Things Look a Lot Fishy
Report suggests that there is no circulation of Petro inside or outside of Venezuela and all the hype relating to it is just a big bubble that can burst anytime.
Venezuela is Set to Use its Controversial Petro Cryptocurrency as an Official Accounting Unit
Petro cryptocurrency is to receive an official status of the Venezuelan second official currency, which is believed to be a tool for overcoming economic difficulties.
Venezuela Replaces its National Currency with a New Petro-backed One Next Month
Seeking to get out of the rampart economic crisis, Venezuela bets it all on new national currency anchored to controversial “Petro” token.
The First Day of Venezuela‘s ‘Petro’ Token Sale Boasts $735M Raised
Venezuela President Nicolas Maduro makes boisterous claims of raising $750 million in just a few hours, without backing it with sufficient evidence.
Venezuela Officially Launches the Pre-Sale of Its Oil-backed ‘Petro’ Token
The new cryptocurrency has faced lots of resistance but finally made its way through – the 82.4 million tokens are already available.