Meet the ‘Petro,’ Venezuela’s New Oil-Backed Cryptocurrency Aimed at Skirting U.S. Sanctions

By cineramaDecember 4, 2017Bitcoin Business

Venezuelan President Nicolas Maduro looked to the world of digital currency to circumvent U.S.-led financial sanctions, announcing on Sunday the launch of the “petro” backed by oil reserves to […]

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Meet the ‘Petro,’ Venezuela’s New Oil-Backed Cryptocurrency Aimed at Skirting U.S. Sanctions

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