Venezuela got help from Russia in launching petro: report
Russian billionaires reportedly advised Venezuelan President Nicolas Maduro in his efforts to create petro, the first state-backed cryptocurrency in the market.
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US bans Venezuela’s petro token, imposes further sanctions
Things appear to have only gotten worse for Venezuela after U.S. President Donald Trump signed an executive order on Monday, banning all forms of cryptocurrency issued by the country.
Venezuela’s Maduro encourages residents to mine cryptocurrency
In Venezuela, people are being called upon to build cryptocurrency mining farms throughout the country.
Opposition declares Maduro’s petro cryptocurrency illegal
Venezuelan politicians lock horns on whether the petro violates the Constitution.
Marshall Islands plans ‘Sovereign’ cryptocurrency launch
The country, home to just 70,000 people, is poised to become the second country after Venezuela to launch a state-backed cryptocurrency.
Venezuela’s petro raises over $750M in first hours of pre-sale
A total of 82.4 million petro tokens are offered for the pre-sale phase, according to the cryptocurrency's white paper.
US lawmakers slam Venezuelan cryptocurrency plans
Questions were raised about the actions of Venezuela in preparing to launch a cryptocurrency backed by the country’s oil resources.
Venezuela sets date for petro token sale launch
The petro will go on presale as early as next month, says Venezuelan President Nicolas Maduro.