Florida senator Bill Nelson has denounced Venezuela’s petro token and asked how the U.S. Treasury plans to enforce sanctions.
Venezuela’s Petro Will Harm ‘Legitimate’ Cryptocurrencies, Says Brookings
The Brookings Institute warns that the petro will undermine both international economic sanctions and truly decentralized cryptocurrencies.
Venezuelan Lawmakers Declare Petro Crypto Illegal
A lawmaking body in Venezuela is moving to denounce the country’s forthcoming petro cryptocurrency, spearheaded by President Nicholas Maduro.
Venezuelan Leader Claims Big Demand for Petro Cryptocurrency
Venezuelan president Nicolas Maduro said the government has received 171,000 certified purchase orders for the petro, most of them from individuals.
Making Peace with Crypto’s Capacity for Evil
The latest awkward use case for cryptocurrency is funding rogue states led by egotistical dictators. The world may just have to live with this.
Venezuela May Move to Limit New Crypto Exchange Launches
In the wake of its petro launch, Venezuela may still limit the number of crypto exchanges permitted to operate in the country, sources say.
Menendez Hints At US Action on Venezuela’s Controversial Crypto
A U.S. senator who has previously spoken out against Venezuela’s newly launched “petro” cryptocurrency isn’t done with the issue.
Why Venezuela’s Citizens Should Worry About a National Cryptocurrency
While a lot is still unclear about Venezuela’s state-backed “petro” token, what is apparent is that many feel it’s potentially harmful for its people.
Venezuela’s President Orders Companies to Accept the Petro
Venezuela officially has its own cryptocurrency – and its president wants some of the country’s state-owned businesses to use it.
Venezuela Is Talking With Russia About Cryptocurrency
Venezuelan finance minister Simon Zerpa Delgado announced on Twitter that he visited Moscow to update Russian officials on Venezuela’s petro currency.
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.
What Venezuelans Are Saying About Their New National Cryptocurrency
The South American country’s plan to launch its own cryptocurrency has sparked global headlines and a range of commentary on social media.
Venezuela Claims $735 Million Raised in First Cryptocurrency Sale
Venezuelan president Nicolas Maduro claimed Tuesday that a presale for the country’s national cryptocurrency netted $735 million on its first day.
Petro Debut: What We Learned About Venezuela’s Cryptocurrency Today
Venezuela revealed a new website for its petro token, releasing its technical white paper and telling potential customers how to purchase the coin.
Venezuela’s ‘Petro’ Token Launches in Pre-Sale
Venezuela’s government has reportedly launched the pre-sale of its controversial “petro” cryptocurrency, saying 82.4 million tokens are now available.