Browsing the "Nicolas Maduro" Tag

Venezuela’s Maduro Orders Top Bank to Make Petro Available to Public

| Daniel Palmer

President Maduro has ordered the Bank of Venezuela to open public counters for his controversial cryptocurrency, the petro.

US Treasury Sanctions Russian Bank Over Links to Venezuela’s Petro

| Yogita Khatri

The U.S. Department of the Treasury has sanctioned a Moscow-based bank over its role in financing Venezuela’s controversial petro token.

Bolivars to Bitcoin: Activists Take Down Venezuela’s Maduro in Crypto Art Exhibit

| Bailey Reutzel

As the situation in Venezuela continues to escalate, artist cryptograffiti, crypto exchange AirTM and merchant services provider Cripto Conserje have…

Venezuela to Sell Oil for Petro Cryptocurrency in 2019, Says Maduro

| Yogita Khatri

Venezuela's President Maduro has said the nation will sidestep the dollar and use its controversial petro token for oil sales next year.

US Senators Seek Stronger Sanctions on Venezuela’s ‘Petro’ Cryptocurrency

| Stan Higgins

A bipartisan group of U.S. senators is pushing for tighter sanctions against Venezuela's state-backed cryptocurrency, known as the petro.

bitcoin, map

Venezuela’s Petro Cryptocurrency Is a Gift to Future Generations

| Leon Markovitz

The petro cryptocurrency may be one of the most ill-conceived blockchain projects. But it just might speak to exactly why the tech is gravely needed.

Venezuela’s New National Currency Will Be Tied to the Petro, Says President

| Daniel Palmer

Venezuela is replacing its national currency, the bolivar, with a new one that will reportedly be tied to its controversial "petro" token.

Venezuelan President Launches Cryptocurrency-Funded Youth Bank

| Sujha Sundararajan

Venezuela is reportedly launching a youth bank to be funded by the state's controversial cryptocurrency, the petro.

Report: Russians Helped Venezuela Launch the Petro

| Nikhilesh De

Time Magazine reported Tuesday that the Russian government helped Venezuela develop the petro cryptocurrency with the support of Vladimir Putin.

Trump Orders Sanctions Against Venezuela’s Crypto

| Nikhilesh De

A report Monday indicated that US President Trump might sanction Venezuela and its petro token.