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Nicolas Maduro

(Image via Shutterstock)
Markets
Us senate
US Senators Seek Stronger Sanctions on Venezuela's 'Petro' Cryptocurrency
A bipartisan group of U.S. senators is pushing for tighter sanctions against Venezuela's state-backed cryptocurrency, known as the petro.
(Image via Shutterstock)
By Stan Higgins
Oct 5, 2018 at 8:00 p.m. UTC
Oct 5, 2018
US SenateVenezuelaNewsPetroNicolas Maduro
bitcoin, map
Markets
Venezuela
Venezuela's Petro Cryptocurrency Is a Gift to Future Generations
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.
bitcoin, map
By Leon Markovitz
Sep 2, 2018 at 10:30 a.m. UTC
Sep 2, 2018
VenezuelaCentral BankingPetroNicolas MaduroFeaturesbusiness news
Maduro
Markets
Venezuela
Venezuela's New National Currency Will Be Tied to the Petro, Says President
Venezuela is replacing its national currency, the bolivar, with a new one that will reportedly be tied to its controversial "petro" token.
Maduro
By Daniel Palmer
Jul 26, 2018 at 11:30 a.m. UTC
Jul 26, 2018
VenezuelaNewsCentral BankingPetroNicolas Madurorepublished
Venezuelan students
Markets
Venezuela
Venezuelan President Launches Cryptocurrency-Funded Youth Bank
Venezuela is reportedly launching a youth bank to be funded by the state's controversial cryptocurrency, the petro.
Venezuelan students
By Sujha Sundararajan
May 4, 2018 at 12:00 p.m. UTC
May 4, 2018
VenezuelaBankingNewsPetroNicolas Maduro
putinmaduro
Markets
Russia
Report: Russians Helped Venezuela Launch the Petro
Time Magazine reported Tuesday that the Russian government helped Venezuela develop the petro cryptocurrency with the support of Vladimir Putin.
putinmaduro
By Nikhilesh De
Mar 20, 2018 at 5:31 p.m. UTC
Mar 20, 2018
RussiaVenezuelaRegulationNewsVladimir PutinCentral BankingLegalNicolas Madurouse-cases-verticalsbusiness news
default image
Markets
Venezuela
Trump Orders Sanctions Against Venezuela's Crypto
A report Monday indicated that US President Trump might sanction Venezuela and its petro token.
default image
By Nikhilesh De
Mar 19, 2018 at 5:00 p.m. UTC
Mar 19, 2018
VenezuelaNewsDonald TrumpLegalPetroNicolas Maduro
menendez
Markets
Cftc
Menendez Hints At US Action on Venezuela's Controversial Crypto
A U.S. senator who has previously spoken out against Venezuela's newly launched "petro" cryptocurrency isn't done with the issue.
menendez
By Nikhilesh De
Feb 23, 2018 at 3:05 p.m. UTC
Feb 23, 2018
CFTCSECVenezuelaRegulationNewsPetroRobert MenendezNicolas Madurous-canada
shutterstock_750949015
Markets
Crime
Why Venezuela Should Worry About a National Crypto
While a lot is still unclear about Venezuela's state-backed "petro" token, what is apparent is that many feel it's potentially harmful for its people.
shutterstock_750949015
By Michael del Castillo
Feb 23, 2018 at 9:00 a.m. UTC
Feb 23, 2018
CrimeVenezuelaICOsSanctionsinitial coin offeringsLegalPetroNicolas MaduroFeaturesbusiness news
petro
Markets
Venezuela
Venezuela's President Orders Companies to Accept Petro
Venezuela officially has its own cryptocurrency – and its president wants some of the country's state-owned businesses to use it.
petro
By Annaliese Milano
Feb 22, 2018 at 9:45 p.m. UTC
Feb 22, 2018
VenezuelaNewsPetroNicolas MaduroEl petroPDVSAPequivenCorporacion Venezolana de GuyanaCVG
Screen Shot 2018-02-22 at 11.05.31 AM
Markets
Venezuela
Venezuela Is Talking With Russia About Cryptocurrency
Venezuelan finance minister Simon Zerpa Delgado announced on Twitter that he visited Moscow to update Russian officials on Venezuela's petro currency.
Screen Shot 2018-02-22 at 11.05.31 AM
By Annaliese Milano
Feb 22, 2018 at 5:30 p.m. UTC
Feb 22, 2018
VenezuelaNewsAnton SiluanovPetroNicolas MaduroEl petroSimon Zerpa Delgado