Petro Archive
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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
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After months of speculation regarding the status of Venezuela’s much-publicised Petro cryptocurrency project, the Venezuelan government has announced that the Petro is now available for sale …
By satoshi
October 31, 2018
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Venezuela officially launches state-owned Petro, which can only be purchased from the coin’s website or directly from National treasury for cryptoassets
By satoshi
October 30, 2018
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Speaking with CT during the Money20/20 conference, Taylor stated that central banks have certain advantages in issuing their own cryptocurrencies
By satoshi
October 24, 2018
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Venezuelan residents see fresh sales pitch for state-run crypto Petro from president Maduro as he announces new bonus plan
By satoshi
October 19, 2018
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Who says you can’t have a stablecoin backed by Ether and pegged to the Japanese Yen?
By satoshi
October 19, 2018
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Based on findings from the International Monetary Fund (IMF), the annual inflation rate for Venezuela could reach as high as 1.37 million percent by the end …
By satoshi
October 14, 2018
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Starting next week, Venezuelans will have to pay their passport fees with the petro, the controversial state-supported cryptocurrency that is allegedly backed by oil. This was …
By satoshi
October 9, 2018
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New Venezuelan passports to cost 2 petros — four times the national monthly minimum wage
By satoshi
October 7, 2018
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The Bank of America sees a $7 billion future for blockchain, while Venezuela may finally launch the Petro in November
By satoshi
October 7, 2018
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With the Petro now officially launched, the public sale of the state-backed cryptocurrency will begin early next month. In a televised address on October 1 during …
By satoshi
October 4, 2018
