Petro
- Global News
The Petro Plunge: An Epic Crypto Catastrophe Unveiling the Perils of Band-Aid Solutions
In 2018, the Venezuelan government unveiled the Petro, a cryptocurrency purportedly backed by the nation’s extensive oil reserves. Marketed as…
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Venezuela to Launch a Central Bank for Cryptocurrencies
Venezuela is reportedly looking to launch a central bank for cryptocurrencies, as the country’s National Constituent Assembly is preparing to…
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Venezuela approves Petro and Cryptocurrency Exchange Platforms
The Government of Venezuela has approved the constitutional decree Petro, intended to lay the foundations for the creation, circulation and use…
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