Venezuela’s Petro Cryptocurrency Is a Gift to Future Generations
Crypto News
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Crypto News
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Venezuela’s Petro Cryptocurrency Is a Gift to Future Generations

btcethereumadmin - September 2, 2018

Leon Markovitz is a serial entrepreneur and marketing professional. Born in Venezuela, he now lives in Israel where he is researching and marketing stablecoin projects. I really…

‘No Sign of the Petro Here’: Mystery and Confusion Besets Venezuela’s Crypto ‘Revolution’
Altcoin
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Altcoin
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‘No Sign of the Petro Here’: Mystery and Confusion Besets Venezuela’s Crypto ‘Revolution’

btcethereumadmin - August 31, 2018

An investigative report into Venezuela’s national oil-backed cryptocurrency, the Petro (PTR), has attempted to square government claims with facts on the ground. Reuters has today, August 30,…

Venezuela’s Maduro Orders Banks to Adopt Petro Cryptocurrency
Crypto News
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Crypto News
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Venezuela’s Maduro Orders Banks to Adopt Petro Cryptocurrency

btcethereumadmin - August 28, 2018

Venezuelan banks have been ordered to use the petro, the Maduro government-launched cryptocurrency, as a unit of account. Wire services AFP reported Tuesday that "all financial information"…

Interest in Cryptocurrencies on the Rise in Latin America
Crypto News
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Crypto News
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Interest in Cryptocurrencies on the Rise in Latin America

btcethereumadmin - August 27, 2018

Image: Protester facing the Venezuelan National Guard during a protest in May 2017, Wikimedia Latin Americans are increasingly turning to cryptocurrencies which many perceive these as a…

Experts: Venezuela’s Petro Is a ‘Smokescreen’ Backed by Centralized Debt-Crippled Entity
Altcoin
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Altcoin
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Experts: Venezuela’s Petro Is a ‘Smokescreen’ Backed by Centralized Debt-Crippled Entity

btcethereumadmin - August 22, 2018

Venezuela’s national oil-backed cryptocurrency, the Petro, has been scathingly denounced as an opaque “stunt” backed by a debt-saddled entity. Venezuela’s national oil-backed cryptocurrency, the Petro (PTR), has…

A Look at Venezuela’s Other Cryptocurrencies, While the Petro Takes Center Stage
Crypto News
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Crypto News
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A Look at Venezuela’s Other Cryptocurrencies, While the Petro Takes Center Stage

btcethereumadmin - August 21, 2018

Financially troubled Venezuela, which is introducing the new, denominated, crypto-anchored “sovereign bolivar” this week, is also the birthplace of a number of alternative coins beside the state-issued,…

Venezuelans to Be Paid at Least Half a Petro a Month
Crypto News
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Crypto News
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Venezuelans to Be Paid at Least Half a Petro a Month

btcethereumadmin - August 19, 2018

Announcing a 60-fold increase of the minimum monthly salary, President Maduro promised Venezuelans they will be paid at least 0.5 petro, once his monetary reforms are in…

Venezuela to Use Petro as Unit of Account for Salaries, Goods and Services
Altcoin
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Altcoin
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Venezuela to Use Petro as Unit of Account for Salaries, Goods and Services

btcethereumadmin - August 15, 2018

Venezuelan President Nicolás Maduro has announced that the Petro will be used as a unit of account in the country. Venezuelan President Nicolás Maduro has announced that…

Venezuela to Peg Pension, Salary Systems to Petro Cryptocurrency
Crypto News
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Crypto News
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Venezuela to Peg Pension, Salary Systems to Petro Cryptocurrency

btcethereumadmin - August 15, 2018

Venezuela is set to begin using its "petro" cryptocurrency as an official accounting unit, according to the country's president. ABC International reported the development on Tuesday, citing a…

Venezuela to Have Two Units of Account – Petro and Petro-Pegged Bolivar
Crypto News
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Crypto News
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Venezuela to Have Two Units of Account – Petro and Petro-Pegged Bolivar

btcethereumadmin - August 14, 2018

President Maduro’s Venezuela is preparing to effectively adopt next week two official units of account – the nation’s crypto, El Petro, and the new petro-pegged bolivar that…