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.
Venezuela Sidesteps USD to Use Petro Token for Oil Sales Starting from 2019
By
Darya Rudz
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
A new initiative of Venezuela aimed at boosting Petro adoption presupposes making it the main digital currency backed by oil.
Venezuela Makes Its Mandatory to Pay for Passport Using the Petro Cryptocurrency
Effective from November 1, the cost of issuing new passports is 2 Petros while that for the extension will be 1 Petro, said Venezuelan vice president Delcy Rodriguez
Venezuela’s Petro: Public Sale to Commence on November 5, New Details Brought to the Surface
Venezuelan president Nicolas Maduro officially announced the public sale of the controversial national cryptocurrency Petro, which is set on November 5.
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 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.
Venezuelan Cryptocurrency Petro Gets An Illegal Status From the Country’s Lawmakers
The lawmaking bodies have denounced the creation of Petro calling it absolutely unconstitutional, a fraud and a potential threat to investors.
One Day After Petro Went Live, Venezuela Introduces New ‘Petro Gold’ Token
By
Darya Rudz
After launching Petro, Venezuela’s President announced new ‘Petro Gold’ cryptocurrency. He considers it a means of combating the U.S. sanctions, while the U.S. warns about risks for investors.