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Maduro

(Ronlug/Shutterstock)
Policy
Regulations
Venezuela Ends Controversial Petro Cryptocurrency: Reports
President Nicolas Maduro launched the Petro (PTR) in Feb. 2018 to support the nation's currency, the bolívar, in the face of an economic crisis exacerbated by U.S. sanctions.
(Ronlug/Shutterstock)
By Amitoj Singh
Jan 15, 2024 at 7:59 a.m. UTC
Jan 15, 2024
RegulationsPetroOilVenezuelaCryptoSanctionsMaduro
(Stringer/Getty Images)
Markets
Venezuela
The Battle to Get Dictator’s Seized Millions to 62,000 Venezuelan Health Heroes
How crypto-powered Airtm is teaming with Venezuela’s opposition government to distribute $18 million in funds the U.S. seized from the Maduro dictatorship, featuring Airtm CEO...
(Stringer/Getty Images)
By Nathaniel Whittemore
Aug 26, 2020 at 7:00 p.m. UTC
Aug 26, 2020
VenezuelaMaduroPodcastsThe Breakdown
Copy of Breakdown 12.16-3
Markets
Derivatives
Authoritarian Airdrop: Maduro 'Gifts' Petros to Venezuelans for Christmas
Discussing new trials of an LN point-of-sale app; updates in consumer & institutional crypto derivatives, and Venezuelan petros as holiday bonuses.
Copy of Breakdown 12.16-3
By Nathaniel Whittemore
Dec 16, 2019 at 9:13 p.m. UTC
Dec 16, 2019
DerivativesVenezuelaLightning NetworkPetroMaduroErisXPodcastsCoinFLEXThe Breakdown
Petro maduro
Markets
Venezuela
Venezuela to Sell Oil for Petro Cryptocurrency in 2019, Says Maduro
Venezuela's President Maduro has said the nation will sidestep the dollar and use its controversial petro token for oil sales next year.
Petro maduro
By Yogita Khatri
Dec 7, 2018 at 3:00 p.m. UTC
Dec 7, 2018
VenezuelaNewsOil MarketsPetroMaduroNicolas Maduro
Kremlin
Markets
Russia
'Fake News': Russian Official Reportedly Denies Involvement with Petro
A Russian official has called reports that the country helped Venezuela launch its controversial petro cryptocurrency "fake news."
Kremlin
By Nikhilesh De
Mar 23, 2018 at 5:00 p.m. UTC
Mar 23, 2018
RussiaVenezuelaNewsPetroMaduro
Flagg
Markets
Cryptocurrency
Venezuela's Cryptocurrency Is Here, But Who's Involved Isn't Clear
Several companies have been so far linked to Venezuela's petro cryptocurrency initiative in the wake of this week's launch.
Flagg
By Stan Higgins
Feb 21, 2018 at 10:45 p.m. UTC
Feb 21, 2018
CryptocurrencyVenezuelaNewsPetroMadurobusiness news
Maduro
Markets
Venezuela
Venezuela Blasts 'False' White Paper for Oil-Backed Cryptocurrency
Venezuelan officials have denied claims that the petro token's white paper has been released, calling such claims "false information."
Maduro
By Nikhilesh De
Jan 19, 2018 at 9:30 p.m. UTC
Jan 19, 2018
VenezuelaNewsPetroMaduro