Venezuela

Venezuela

Markets

Why Venezuela Should Worry About a National Crypto

While a lot is still unclear about Venezuela's state-backed "petro" token, what is apparent is that many feel it's potentially harmful for its people.

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Markets

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

Markets

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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Markets

Venezuela's Cryptocurrency Is Here, But Who's Involved Isn't Clear

Several companies have been so far linked to Venezuela's petro cryptocurrency initiative in the wake of this week's launch.

Flagg

Markets

Venezuela Claims $735 Million Raised in First Cryptocurrency Sale

Venezuelan president Nicolas Maduro claimed Tuesday that a presale for the country's national cryptocurrency netted $735 million on its first day.

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Markets

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.

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Markets

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

Markets

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

Finance

Sanctions Showdown Looms for US and Cryptocurrency

If OFAC turns its eye toward cryptocurrencies, it could be only a matter of time before it makes an example of one or more entities to send a message.

Russian flag behind fence (Shutterstock)

Markets

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