Tag: Venezuela economy

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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...

Venezuela Government Calls Bitcoin ‘The Currency of Criminals’

A public television network based in Venezuela has penned an outrageous article against Bitcoin. The Venezuelan Television Corporation, in its latest article, tried to brand...