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ngalekat

9y

Venezuela begins selling oil-backed cryptocurrency

Venezuela begins selling oil-backed cryptocurrency

Venezuela formally launched its new oil-backed cryptocurrency on Tuesday in an unconventional bid to haul itself out of a deepening economic crisis. The leftist Caracas government put 38.4 million units

$ 0.000

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gaycharan789

9y

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Venezuela Considers Selling Its ”Oil-Backed” Cryptocurrency With a 60% Discount

Venezuela Considers Selling Its ”Oil-Backed” Cryptocurrency With a 60% Discount

The advisors of the Venezuelan government have recommended that the country’s oil-backed cryptocurrency, the petro, be sold in private placements at a discount of up to 60 percent. 38.4 million petros,

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godson18

9y

Cryptocurrency

The Venezuelan parliament has declared the oil-backed cryptocurrency created by President Nicolas Maduro illegal and in violation of the country’s Constitution. Maduro’s decree to create the national