Venezuela to Adopt Controversial Petro Token in Global Trade
Venezuela's president is ordering the use of the petro in international trade, despite doubts the token will be widely accepted.
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.
Venezuela's Maduro Orders Banks to Adopt Petro Cryptocurrency
Venezuelan banks have been ordered to use the petro, the Maduro government-launched cryptocurrency, as a unit of account.
Venezuela to Peg Pension, Salary Systems to Petro Cryptocurrency
Venezuela is set to begin using its "petro" cryptocurrency as an official accounting unit, according to the country's president.
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.
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.
Russian Official: Venezuela Won't Be Paying Its Debt in State Crypto
A Russian Finance Ministry official has stated that Venezuela will not pay off its $3.5 billion debt using the petro.
Crypto Investors Should Stay Away from Venezuela's Petro
Crypto enthusiasts around the world should send a strong signal to President Maduro that blockchain technology will not be used to support corruption.
'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."
US Could Put Crypto Wallets on OFAC Sanctions List
The Treasury Department may start publishing wallet addresses along with the names of people and organizations with whom it forbids doing business.
