Venezuela

Venezuela

Markets

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.

putinmaduro

Markets

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.

Caracas (Venezuela), 19 Abril del 2013. Posesión de Nicolas Maduro como Presidente de la República Bolivariana de Venezuela. Foto: Xavier Granja Cedeño/Ministerio de Relaciones Exteriores Comercio e Integración

Markets

Trump Orders Sanctions Against Venezuela's Crypto

A report Monday indicated that US President Trump might sanction Venezuela and its petro token.

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Markets

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.

Committee on Armed Services

Markets

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.

Nicolas Maduro, Venezuelan president

Markets

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.

petro

Markets

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.

vz

Markets

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.

maduro, venezuela

Markets

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.

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Markets

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.

menendez