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Venezuela and Russia are in talks for using state-owned crypto Petro for bilateral trade between the two countries. The talk of bilateral trade is a direct result of the USA…
Venezuela the financially troubled nation has seen a significant surge in Bitcoin transactions over the year as the financial crisis in the country intensifies. Venezuela was plagued by hyperinflation due…
Venezuela’s tryst with the disastrous economy has made the country look towards cryptocurrencies for revival. The government tried to fix the issue by launching its own cryptocurrency petro, which it…
Petro the cryptocurrency invented by the Venezuelan government to get out of its financial crisis has been marred into controversy from the start. The altcoin was announced by the government…
Petro (PTR) has its origin in the notion of president Hugo Chavez of creating a strong currency that is backed by the raw material. It is a sovereign crypto asset…
The struggle to bring Petro into international recognition is still very much in motion, but it seems that the cryptocurrency introduced by the authoritative regime of President Maduro still has…
Venezuela’s native cryptocurrency, Petro’s price has been increased from 3,600 sovereign Bolivars to 9,000, the country’s president announced on national television on Thursday. The wallet for Petro still hasn’t been…
The Venezuelan Government has been trying to popularize Petro cryptocurrency as their state-backed digital currency in order to infuse new and revitalize the economy which currently is still in shambles….
The Venezuelan Government has not moved from its decision petro an internationally recognised currency. Results of this decision has not been noticeable so far, it is trying very hard to…
In a recent speech, the President of Venezuela said that “Anyone who buys the Petro until Dec 31 will be able to convert it into any other digital currency.” Jill…
The Supreme Tribunal of Justice ordered to pay 266 Petros or the equivalent as moral damage compensation in a workplace injury. Supreme Tribunal of Justice is the highest court of…
Venezuela, a country in South America, under the governance of President Nicolas Maduro has been the victim of grave economic troubles like hyperinflation and their currency in freefall. This has…
