Category: oil backed

Venezuela Authorizes 6 Exchanges to Start Selling National Cryptocurrency Petro

Venezuela has authorized six cryptocurrency exchanges to start selling its national cryptocurrency, the petro, according to the government’s website. The…

Venezuela Makes Petro Crypto a National Currency, Publishes New Whitepaper

Venezuela’s president Nicolas Maduro has made several claims regarding his country’s digital currency this week. He announced the launch of…

Reuters: Venezuela’s Petro Has No Users, No Investors and No Oil to Back It Up

The petro has stirred up a lot of debate among the cryptocurrency community, with some people who believe it is…

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