Petro Archive
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The birth of a national Iranian digital currency has been postponed. However, blockchain remains a hot topic in the Islamic Republic of Iran, intertwined with international …
By satoshi
February 13, 2019
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After years of hiding behind the fig leaf of socialism and revolutionary anti-imperialist rhetoric, the embattled Venezuelan government of Nicolas Maduro has shown its true colours …
By satoshi
February 11, 2019
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Venezuelan government sets monthly limit on crypto remittances within the country, introduces fees of up to 15 percent
By satoshi
February 11, 2019
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As Venezuela enters a crucial part of its political crisis, we decided to trace the fate of Petro — the national cryptocurrency that seemingly failed to …
By satoshi
January 28, 2019
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The world is watching complete chaos in Venezuela, which is dire financial straits. Crypto investors who steered clear of a crypto offering peddled by the country’s …
By satoshi
January 25, 2019
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Venezuela has filed a complaint with the WTO that the U.S. imposed “discriminatory measures” against its national digital currency, the Petro
By satoshi
January 10, 2019
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The value of Venezuela’s oil-backed cryptocurrency, the petro, is seemingly currently unclear, and even taking a look at official government sources yields inconclusive results, given substantial …
By satoshi
January 3, 2019
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A separatist government in Cameroon’s semi-autonomous English-speaking southern region of Ambazonia has announced the launch of a new sovereign cryptocurrency called AmbaCoin (AMBA). Operating on the …
By satoshi
December 14, 2018
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The government of Venezuela has reportedly started converting pensioners’ monthly payments from the country’s fiat currency, the bolivar, to its oil-backed cryptocurrency Petro, without giving them …
By satoshi
December 14, 2018
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The Venezuelan gov’t has reportedly converted pensioners’ most recent monthly bonus into its national oil-backed cryptocurrency, the Petro
By satoshi
December 13, 2018
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The government of Venezuela has announced that it plans to create a basket of cryptocurrencies for the oil-backed state cryptocurrency, the Petro. This initiative will allow …
By satoshi
December 7, 2018
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Venezuelan leader Maduro has increased the Petro’s value from 3,600 to 9,000 bolivars, as the country strives to combat a 200,000 percent inflation rate
By satoshi
December 3, 2018
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National Assembly of Venezuela adopts crypto legislation and amendments to AML law that allow local exchanges to trade Petro on a global scale
By satoshi
November 23, 2018
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Venezuela, where bitcoin trading is at an all-time high and the socialist government has issued its own cryptocurrency amid record-breaking inflation and other economic woes, has …
By satoshi
November 13, 2018
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The Venezuelan government is reportedly going to present its oil-backed cryptocurrency, the Petro, to the Organization of Petroleum Exporting Countries (OPEC) as a unit of account …
By satoshi
November 12, 2018
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According to TeleSUR TV, a mainstream media outlet in Venezuela, the country’s “cryptocurrency” called the Petro can only be traded to other crypto assets if bought …
By satoshi
November 10, 2018
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Manuel Quevedo, Venezuela’s Minister of Oil, is taking Petro to OPEC in 2019 to offer it as a global unit of account for crude oil trading
By satoshi
November 8, 2018
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The Venezuelan government has recently launched a Petro savings plan that allows the country’s citizens to put their money into the oil-backed cryptocurrency and “save by …
By satoshi
November 7, 2018
