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Petro
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.
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.
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.
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.
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.
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.
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.
Venezuela Blasts 'False' White Paper for Oil-Backed Cryptocurrency
Venezuelan officials have denied claims that the petro token's white paper has been released, calling such claims "false information."
Venezuela's Planned Petro Cryptocurrency 'Illegal,' Says Congress
Venezuela's opposition-run congress has declared that a planned new oil-backed cryptocurrency called the petro is illegal.
Venezuelan President Announces 'Petro' Oil-Backed Cryptocurrency
Venezuelan president Nicolas Maduro has announced a new cryptocurrency called the "petro."