nicolas maduro

After All, Mysterious Venezuela’s Oil-Backed Petro Seems to be Real
January 29th, 2019

Though there were a lot of doubts about the existence of the Petro, now it is obvious that this oil-backed crypto really exists.

Venezuela Sidesteps USD to Use Petro Token for Oil Sales Starting from 2019
December 10th, 2018

In 2019, Venezuela will start selling oil in exchange for Petros and bypass US-imposed sanctions.

Maduro Further Takes All the Imaginable Steps to Push the Adoption of His Petro Token
November 12th, 2018

A new initiative of Venezuela aimed at boosting Petro adoption presupposes making it the main digital currency backed by oil.

Venezuela is Set to Use its Controversial Petro Cryptocurrency as an Official Accounting Unit
August 15th, 2018

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
July 26th, 2018

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
February 21st, 2018

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
February 20th, 2018

The new cryptocurrency has faced lots of resistance but finally made its way through – the 82.4 million tokens are already available.

Venezuela’s Congress Declares Nicolas Maduro’s ‘Petro’ Cryptocurrency Illegal
January 10th, 2018

The oil-based digital currency fails before launching: it is claimed to violate the Constitution of the country.

Venezuela to Launch Oil-Backed Cryptocurrency ‘Petro’ to Combat U.S. Financial ‘Blockade’
December 4th, 2017

To counter the U.S. led financial sanctions and the collapse of its own currency ‘bolivar’, Venezuelan President Nicolas Maduro has announced the launch of its new state-owned cryptocurrency ‘Petro’.