Venezuelan President Nicolas Maduro looked to the world of digital currency to circumvent U.S.-led financial sanctions, announcing on Sunday the launch of the "petro" backed by oil reserves to shore up a collapsed economy.
The petro, he said, would help Venezuela "advance in issues of monetary sovereignty, to make financial transactions and overcome the financial blockade."
This is a big news, I think this crypto will have a huge potential for the future.
link of the news: https://www.cnbc.com/2017/12/03/venezuela-is-launching-a-cryptocurrency-backed-by-oil-gas-gold-and-diamonds.html