nicolas maduro

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’.