venezuela petro

February 23rd, 2018

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.

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.

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.

January 10th, 2018

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

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’.