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petro

Nicolas Maduro promises digital currency ‘surprise’ for Venezuela
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2 March, 2021

Nicolas Maduro promises digital currency ‘surprise’ for Venezuela

President Nicolas Maduro recently told Venezuelans that his government is working on a digital bolivar, promising a big surprise announcement...
Venezuela to accept taxes in Petro
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13 August, 2020

Venezuela to accept taxes in Petro

The National Tax Harmonization Agreement will implement an information exchange and monitoring system for companies that will allow them to...
Venezuela forces gas stations to accept petro amid petrol price hike
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7 June, 2020

Venezuela forces gas stations to accept petro amid petrol price hike

The government has started requiring all gas stations in Venezuela to sell petrol at a discount in exchange for Petro.
Venezuelan digital currency chief wanted in US
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3 June, 2020

Venezuelan digital currency chief wanted in US

U.S authorities have placed a $5 million bounty on Joselit Ramirez, the head of Venezuela’s digital currency agency. He joins...
Rogue regimes embracing crypto to evade sanctions
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3 March, 2020

Rogue regimes embracing crypto to evade sanctions

Unfortunately, not all foreign states are using cryptocurrencies for reputable purposes.
Scam Petro abandoned in Venezuela: Report
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5 February, 2020

Scam Petro abandoned in Venezuela: Report

Merchants in Venezuela are refusing to accept payments in Petro crypto, claiming that exchanging the Petros for bolivars is difficult...
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