Petro

Venezuela Cuts Petro’s Backing from 5B Barrels of Oil to 30M: Reuters

Venezuela plans to back its national oil-pegged cryptocurrency, the Petro (PTR), with 30 million barrels of crude oil. Venezuelan President…

Venezuela to Pay Retirees and Pensioners Christmas Bonus in Petro

Venezuelan President Nicholas Maduro announced that the Christmas bonus of the country’s retirees and pensioners will be paid to them…

Venezuela President Maduro Is Not Pro-Crypto, He Just Likes Petro

Last week, the president of Venezuela, Nicolás Maduro, appeared on national television approaching a Trezor-branded stall at a local technological…

EToro’s Crypto Exchange EToroX Lists Dash and Seven Stablecoins

Last week, the president of Venezuela, Nicolás Maduro, appeared on national television approaching a Trezor-branded stall at a local technological…

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…

VERDAD is the Most Dangerous Crypto Bill to Face Congress Yet

The U.S. Congress is considering more than 20 bills on cryptocurrency. One deserves special attention: S.1025, the Venezuela Emergency Relief,…

Venezuela: New Bitcoin Trading Record as Biggest Bank Embraces Petro

Venezuela’s largest bank, Bank of Venezuela (BDV), has added support for the country’s controversial Petro digital currency.  Bank of Venezuela…

Crypto News From the Spanish-Speaking World: Aug. 24-31 in Review

The Spanish-speaking world saw a number major developments this week, with several companies accepting cryptocurrencies as a form of payment…

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