Venezuela

Report: Russians Helped Venezuela Launch the Petro
Time Magazine reported Tuesday that the Russian government helped Venezuela develop the petro cryptocurrency with the support of Vladimir Putin.

Venezuelan Politician Blasts US Sanctions as Petro ICO Goes Public
A politician from Venezuela's ruling party has denounced U.S. sanctions against the petro, as the sale of the token opens to the public.

Trump Orders Sanctions Against Venezuela's Crypto
A report Monday indicated that US President Trump might sanction Venezuela and its petro token.

US Lawmaker Presses Treasury on Venezuela's Petro Sale
Florida senator Bill Nelson has denounced Venezuela's petro token and asked how the U.S. Treasury plans to enforce sanctions.

Venezuela's Petro Will Harm 'Legitimate' Cryptocurrencies, Says Brookings
The Brookings Institute warns that the petro will undermine both international economic sanctions and truly decentralized cryptocurrencies.

Venezuelan Lawmakers Declare Petro Crypto Illegal
A lawmaking body in Venezuela is moving to denounce the country's forthcoming petro cryptocurrency, spearheaded by President Nicholas Maduro.

Venezuelan Leader Claims Big Demand for Petro Cryptocurrency
Venezuelan president Nicolas Maduro said the government has received 171,000 certified purchase orders for the petro, most of them from individuals.

Making Peace with a Crypto Axis of Evil
The latest awkward use case for cryptocurrency is funding rogue states led by egotistical dictators. The world may just have to live with this.

Venezuela May Limit New Crypto Exchange Launches
In the wake of its petro launch, Venezuela may still limit the number of crypto exchanges permitted to operate in the country, sources say.

Menendez Hints At US Action on Venezuela's Controversial Crypto
A U.S. senator who has previously spoken out against Venezuela's newly launched "petro" cryptocurrency isn't done with the issue.

