The submit Venezuelan President Announces Superintendence of Its Oil-Backed Cryptocurrency ‘Petro’ appeared first on CCN

As lined by CCN, Venezuelan President Nicolas Maduro not too long ago introduced the creation of a brand new cryptocurrency throughout a Christmas tv particular. The new cryptocurrency, dubbed “petro” will likely be backed by commodity reserves, together with oil, diamonds, and gold. Per the Venezuelan chief, it should assist overcome the nation’s “monetary blockade.” At the time, opposition leaders made

The submit Venezuelan President Announces Superintendence of Its Oil-Backed Cryptocurrency ‘Petro’ appeared first on CCN

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