Tag: Nicolás Maduro

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The U.S. Says “No” to Any and All Petro Trading

The U.S. government is being very strict when it comes to Petro trading. While the Petro is not a North American cryptocurrency, U.S. citizens...

Maduro: Planes Must Buy Their Fuel with Petros

Oh, President Maduro… You just can’t seem to take a hint. Why do you continue to push a currency that has yet to serve...

Nicolas Maduro: We’ll Sell Two Valuable Assets in Exchange for the Petro

Oh, President Maduro – when are you going to learn that the only person who seems genuinely interested in the Petro currency is you?!...

Venezuelans to Receive Petro-Based Xmas Bonuses

Venezuelan president Nicolas Maduro just can’t seem to take a hint when it comes to the Petro. The Petro is Failing and Will Continue to...

Venezuela’s Central Bank Now Required to Sell Petro

The president of Venezuela, Nicolas Maduro, has ordered the nation’s central bank, Banco de Venezuela, to begin selling the Petro as a means of...

ShapeShift CEO Donates $1,000 in Bitcoin to Venezuelans: A Real Lifeline

Erik Voorhees, the CEO at instant digital asset exchange ShapeShift, has donated $1,000 in BTC to AirdropVenezuela. The latter is an initiative which aims...

Venezuela to Use the Petro Cryptocurrency in International Petroleum Trade

Venezuela’s government plans to present its national cryptocurrency, the Petro, as a unit of account for international crude oil trade to the Organization of...

Venezuela’s Petro to Be Listed on 6 Global Crypto Exchanges, Claims President Maduro

President Nicolas Maduro of Venezuela has announced the official launched the oil-backed cryptocurrency, Petro, in a televised address to the crisis-struck country. Petro, the Oil-Backed...

In Venezuela, the Petro Is a No-Show

Reuters searched extensively through Venezuela but found no evidence that the Petro actually exists. The socialist policies of Venezuelan President Nicolás Maduro continue to wreak havoc...

Petro: Venezuelan President Orders Commercial Banks to Adopt the Cryptocurrency

President Nicolás Maduro of Venezuela has mandated all local banks to accept the country’s national cryptocurrency, Petro, as a unit of account. This move...

Dash CEO: Venezuela Has Become Our Number Two Market Amid the Country’s Hyperinflation

Crypto asset Dash is witnessing a surge of interest from residents in Venezuela as people turn to cryptocurrencies as a way of storing value amid...

Venezuela to Use Petro to Finance Home Building

The President of Venezuela has approved the use of the country's cryptocurrency, the Petro, to be used to finance the building of new homes in...