Nicolas Maduro

Venezuela’s Maduro Mandates Petro Use in Funding of Social Housing Project

Venezuela’s president has ordered that his pet cryptocurrency, the petro, must be used in funding an ongoing social housing initiative. According…

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

Venezuela’s President Nicolas Maduro has ordered one of the nation’s largest banks to allow customers to access to his controversial…

Venezuela Issues 50,000 Bolivar Bill Amid Persistent Hyperinflation

Venezuelans are used to their currency costing less than the paper it’s printed on. Economic misfortunes and political upheaval place…

Crypto Adoption Remains Strong in Venezuela Amid Political Chaos

The political tension in Venezuela has affected local cryptocurrency adoption. While there are roadblocks, many crypto-advocating projects continue to thrive…

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

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

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