Petro

US Freezes Maduro Gov’t Assets as P2P Bitcoin Volume Soars in Venezuela

In a major escalation against socialist president Nicolás Maduro, Donald Trump’s administration has frozen all Venezuelan government assets.  The United…

Venezuelan Gov’t Reportedly Dodges US Sanctions With Crypto in Airports

Venezuela is reportedly choosing to use Bitcoin (BTC), not its own digital currency Petro, to circumvent United States sanctions in…

Venezuelan Petro Against US Sanctions: History and Use of the Crypto

For the entirety of cryptocurrency’s short history, Venezuela has been seen to be among the most striking example of the…

Global Crypto War Is Heating up – Iran Next in Line With Its Own Gold-Backed Coin

Control of the U.S. dollar and the global financial system that depends on it gives the American government an incredibly…

President Maduro Orders The Bank of Venezuela to Accept Petro Crypto

Venezuela’s President Nicolas Maduro ordered the country’s leading bank, Banco de Venezuela, to accept the nation’s cryptocurrency, the Petro (PTR)…

Sanctions-Hit Cuba Eyes Cryptocurrency as Solution to Financial Woes

Cuba has announced it is considering the use of cryptocurrency in order to bolster its finances. According to a report…

Venezuela and Russia Discuss Mutual Trades in Petro and Russian Ruble: Report

Venezuela is considering to close mutual trade settlements with Russia using the ruble, Russian government-backed TV channel RT reports on…

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…

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