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petro

petro
Markets
Venezuela
Report: Venezuela Is Forcibly Converting Pension Balances to the Petro
Venezuela has reportedly begun automatically converting residents' pensions into its controversial cryptocurrency.
petro
By Nikhilesh De
Dec 12, 2018 at 11:00 p.m. UTC
Dec 12, 2018
VenezuelaNewsPetrouse-cases-verticals
Petro maduro
Markets
Venezuela
Venezuela to Sell Oil for Petro Cryptocurrency in 2019, Says Maduro
Venezuela's President Maduro has said the nation will sidestep the dollar and use its controversial petro token for oil sales next year.
Petro maduro
By Yogita Khatri
Dec 7, 2018 at 3:00 p.m. UTC
Dec 7, 2018
VenezuelaNewsOil MarketsPetroMaduroNicolas Maduro
oil drums
Markets
Venezuela
Venezuela to Present Petro at OPEC as the 'Digital Currency for Oil'
Venezuela is hoping the world's oil markets will start using its controversial national cryptocurrency, the petro.
oil drums
By Yogita Khatri
Nov 9, 2018 at 9:20 a.m. UTC
Nov 9, 2018
VenezuelaNewsOil MarketsPetro
Passports Venezuela
Markets
Venezuela
Venezuelans Forced to Use Petro Cryptocurrency to Pay for Passports
Venezuelans must now pay for passports with the country's controversial petro token, according to a report.
Passports Venezuela
By Daniel Palmer
Oct 8, 2018 at 12:30 p.m. UTC
Oct 8, 2018
VenezuelaRegulationNewsPetro
Congress
Markets
Us senate
US Senators Seek Stronger Sanctions on Venezuela's 'Petro' Cryptocurrency
A bipartisan group of U.S. senators is pushing for tighter sanctions against Venezuela's state-backed cryptocurrency, known as the petro.
Congress
By Stan Higgins
Oct 5, 2018 at 8:00 p.m. UTC
Oct 5, 2018
US SenateVenezuelaNewsPetroNicolas Maduro
Maduro
Markets
Venezuela
Venezuela to Adopt Controversial Petro Token in Global Trade
Venezuela's president is ordering the use of the petro in international trade, despite doubts the token will be widely accepted.
Maduro
By Wolfie Zhao
Sep 21, 2018 at 9:30 a.m. UTC
Sep 21, 2018
VenezuelaNewscapital marketsTradePetro
bitcoin, map
Markets
Venezuela
Venezuela's Petro Cryptocurrency Is a Gift to Future Generations
The petro cryptocurrency may be one of the most ill-conceived blockchain projects. But it just might speak to exactly why the tech is gravely needed.
bitcoin, map
By Leon Markovitz
Sep 2, 2018 at 10:30 a.m. UTC
Sep 2, 2018
VenezuelaCentral BankingPetroNicolas MaduroFeaturesbusiness news
Venezuelan bolivars
Markets
Venezuela
Venezuela's Maduro Orders Banks to Adopt Petro Cryptocurrency
Venezuelan banks have been ordered to use the petro, the Maduro government-launched cryptocurrency, as a unit of account.
Venezuelan bolivars
By Anna Baydakova
Aug 28, 2018 at 9:00 p.m. UTC
Aug 28, 2018
VenezuelaNewsPetro
petro
Markets
Venezuela
Venezuela to Peg Pension, Salary Systems to Petro Cryptocurrency
Venezuela is set to begin using its "petro" cryptocurrency as an official accounting unit, according to the country's president.
petro
By Anna Baydakova
Aug 14, 2018 at 11:30 p.m. UTC
Aug 14, 2018
VenezuelaNewsPetro
Maduro
Markets
Venezuela
Venezuela's New National Currency Will Be Tied to the Petro, Says President
Venezuela is replacing its national currency, the bolivar, with a new one that will reportedly be tied to its controversial "petro" token.
Maduro
By Daniel Palmer
Jul 26, 2018 at 11:30 a.m. UTC
Jul 26, 2018
VenezuelaNewsCentral BankingPetroNicolas Madurorepublished