Category: Maduro

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

Venezuela’s President Maduro has said the nation will sidestep the U.S. dollar and phase in use of its controversial petro…

Venezuelans Remain Skeptical After President Maduro Raises Petro’s Value

Nicolas Maduro’s move to increase the price of the petro, the country’s oil-backed cryptocurrency designed to counter inflation, has sparked…

Invest in Gold and Crypto Petro, Venezuela’s President Tells Public in Fresh TV Plug

The president of Venezuela Nicolas Maduro called on workers to save in gold and state-run cryptocurrency Petro during a salary…

U.S. Senators Push for Stronger Sanctions Against Venezuelan Petro

A bipartisan group of senators in the United States are seeking strong sanctions against Venezuela’s Petro. The proposed sanctions would…

Switzerland Formally Considers State Backed Cryptocurrency

Reuters reported Switzerland is formally considering the possibility of a state-backed cryptocurrency. Its government has asked legislators commission a study…

Sole Seven-Star Hotel in Venezuela to Accept Only Petro

A luxury hotel, offering breathtaking views of Caracas and the Caribbean coast, will be accepting only payments in Petro, Venezuela’s…

This website uses cookies.