Petro Archive
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The Venezuelan army turns to crypto mining as the country’s economy collapses.
By satoshi
November 30, 2020
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Crypto garnered another mention in one of Maduro’s bombastic speeches.
By satoshi
September 30, 2020
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The Venezuelan government has not yet announced partnerships capable of listing PTR abroad.
By satoshi
September 21, 2020
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Venezuelan mayors agreed to join the government’s plan to expand the adoption of Petro despite some municipalities not having the technology to handle it.
By satoshi
August 12, 2020
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The U.S. government issued a $5 million bounty to the supervisor of the Petro, but court documents suggest that crypto has little to do with alleged …
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Venezuelan petrol stations now support the state-issued Petro cryptocurrencies, however, the rollout comes amid an aggressive adjustment to the country’s petrol regime.
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Signs indicate that Venezuela’s state-backed cryptocurrency quietly underwent a hard fork earlier this month.
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In a major escalation against socialist president Nicolás Maduro, Donald Trump’s administration has frozen all Venezuelan government assets
By satoshi
August 6, 2019
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Venezuelan local media reveal gov’t Bitcoin income in airports
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Venezuelan P2P trade continues to flourish despite government efforts to drive adoption of the country’s controversial oil-backed cryptocurrency
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Venezuela and Russia discuss opportunities to make mutual trade settlements in the Russian ruble, find uses for the oil-backed Petro cryptocurrency
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By CCN.com: As the political and economic crisis in Venezuela escalates, citizens of the South American country are taking refuge in Bitcoin. In the final week …
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By CCN: The petro token, one of the last financial schemes crafted by Venezuelan President Nicolás Maduro, will likely fall by the wayside like his regime …
By satoshi
April 30, 2019
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Facebook is the latest in a raft of corporate or government entities creating their own cryptocurrencies. Within weeks of JPMorgan announcing its plans to launch the …
By satoshi
March 25, 2019
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The U.S. Treasury has sanctioned Moscow-based bank Evrofinance based on its alleged financing of Venezuela’s controversial oil-backed crypto, Petro
By satoshi
March 12, 2019
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Russia’s State Duma is planning to pass a resolution on a pending cryptocurrency regulation bill, reported a local source. Oleg Nikolayev, a member of the State Duma …
By satoshi
February 24, 2019
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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
