Venezuela is ending its Petro cryptocurrency on Monday, more than five years after it was first launched, according to multiple reports.
Venezuelans reportedly hit by new Bitcoin tax of up to 20%
Bitcoin adoption has been on the rise in Venezuela in recent years amid hyperinflation and the national currency crisis.
The Battle to Get Dictator’s Seized Millions to 62,000 Venezuelan Health Heroes
How crypto-powered Airtm is teaming with Venezuela’s opposition government to distribute $18 million in funds the U.S. seized from the Maduro dictatorship, featuring Airtm CEO Ruben Galindo.
Authoritarian Airdop: Maduro ‘Gifts’ Petros to Venezuelans for Christmas
Discussing new trials of an LN point-of-sale app; updates in consumer & institutional crypto derivatives, and Venezuelan petros as holiday bonuses.
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.
‘Fake News’: Russian Official Reportedly Denies Involvement with Petro
A Russian official has called reports that the country helped Venezuela launch its controversial petro cryptocurrency “fake news.”
Venezuela’s Cryptocurrency Is Here, But Who’s Involved Isn’t Clear
Several companies have been so far linked to Venezuela’s petro cryptocurrency initiative in the wake of this week’s launch.