Nicolas Maduro

Nicolas Maduro

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Venezuela's President Orders Companies to Accept Petro

Venezuela officially has its own cryptocurrency – and its president wants some of the country's state-owned businesses to use it.

petro

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Venezuela Is Talking With Russia About Cryptocurrency

Venezuelan finance minister Simon Zerpa Delgado announced on Twitter that he visited Moscow to update Russian officials on Venezuela's petro currency.

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What Venezuelans Are Saying About the Petro

The South American country's plan to launch its own cryptocurrency has sparked global headlines and a range of commentary on social media.

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What We've Learned About Venezuela's Cryptocurrency

Venezuela revealed a new website for its petro token, releasing its technical white paper and telling potential customers how to purchase the coin.

vz

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Venezuela's 'Petro' Token Launches in Pre-Sale

Venezuela's government has reportedly launched the pre-sale of its controversial "petro" cryptocurrency, saying 82.4 million tokens are now available.

Venezuela assembly

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Report: Venezuela's Maduro Wants OPEC to Launch a Cryptocurrency

Venezuelan President Nicolas Maduro has proposed "joint cryptocurrency mechanism" for use by OPEC members and non-member oil producing states.

OPEC

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Venezuela's President Announces 'Petro' Token Pre-Sale

The president of Venezuela has said the pre-sale of the country's proposed oil-backed cryptocurrency will launch next month.

Nicolas Maduro

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US Senators Blast Venezuela's Oil-Backed Cryptocurrency Plan

U.S. Senators Marco Rubio (R.-Fl) and Robert Menendez (D.-NJ) have denounced Venezuela's planned cryptocurrency in a new letter.

Congress, Capitol Hill