When the Petro was unveiled to the world by Venezuela’s President Nicolas Maduro, he led the cheering squad about what a groundbreaking and successful idea it would be. A government-backed, oil-pegged,

This week the news that Venezuela raised $ 735 million on the first day of presale of the national cryptocurrency El Petro grab the headlines. Really, this event can be considered extraordinary, and there

Venezuelan president Nicolas Maduro is claiming that the country has raised $735 million in the first day of a sale for its controversial "petro" cryptocurrency. Announced late Tuesday night,