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Petro

Venezuela’s Maduro Announces 18-Fold Increase to Minimum Wage, Pegged to Official Cryptocurrency
Video
Cdtv
Venezuela’s Maduro Announces 18-Fold Increase to Minimum Wage, Pegged to Official Cryptocurrency
According to a Bloomberg report, Venezuela President Nicolas Maduro announced a 18-fold increase in Venezuela’s monthly minimum wage to roughly 126 bolivars ($28) by pegging i...
Venezuela’s Maduro Announces 18-Fold Increase to Minimum Wage, Pegged to Official Cryptocurrency
By undefined undefined
Mar 4, 2022 at 8:36 p.m. UTC
Mar 4, 2022
CDTVHash clipVenezuelaNicolas MaduroPetroPTRbolivar
screen-shot-2020-06-02-at-15-06-22
Markets
Crime
US Offers $5M Bounty for Arrest of Venezuela's Crypto Chief
The head of Venezuela's state-backed petro cryptocurrency has been added to the U.S Immigration and Customs Enforcement's Most Wanted list.
screen-shot-2020-06-02-at-15-06-22
By Paddy Baker
Jun 2, 2020 at 2:56 p.m. UTC
Jun 2, 2020
CrimeVenezuelaUS GovernmentPetro
maduro-6
Markets
Crime
US Says Venezuelan President Maduro Hid Massive Drug Ring Proceeds in Crypto
Nicolas Maduro and his crypto supervisor were two of the Venezuelan officials indicted Thursday on claims they used crypto to conceal the profits from drug running.
maduro-6
By Danny Nelson
Mar 26, 2020 at 4:39 p.m. UTC
Mar 26, 2020
CrimeVenezuelaDepartment of JusticePetroNicolas Maduro
mad-uro
Markets
Cryptocurrency
Venezuela's Maduro: Airlines Must Use Petros to Pay for Fuel
The state oil company will only accept petro for airplane fuel, per a new decree from Venezuela's president.
mad-uro
By Paddy Baker
Jan 15, 2020 at 10:27 p.m. UTC
Jan 15, 2020
CryptocurrencyVenezuelaAirlinesPetroNicolas Maduro
copy-of-breakdown-12-16-3
Markets
Derivatives
Authoritarian Airdrop: 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.
copy-of-breakdown-12-16-3
By Nathaniel Whittemore
Dec 16, 2019 at 9:13 p.m. UTC
Dec 16, 2019
DerivativesVenezuelaLightning NetworkPetroMaduroErisXPodcastsCoinFLEXThe Breakdown
maduro-via-twitter
Policy
Venezuela
Venezuela's Maduro Says He Will Airdrop Half a Petro Each to Public Employees, Retirees
Venezuelans including public sector workers, retirees and the military are set to receive a petro token handout this Christmas, so long as they register for the state's crypto...
maduro-via-twitter
By Paddy Baker
Dec 16, 2019 at 2:10 p.m. UTC
Dec 16, 2019
VenezuelaAirdropsPetroNicolas Maduro
maduro-via-gov-site
Markets
Venezuela
Venezuela's Maduro Mandates Petro Use in Funding of Housing Project
Venezuela's president has ordered his pet cryptocurrency, the petro, to be used in funding an ongoing housing initiative.
maduro-via-gov-site
By Daniel Palmer
Sep 20, 2019 at 9:30 a.m. UTC
Sep 20, 2019
VenezuelaNewsPetroNicolas Maduro
cuba-graffiti
Markets
Venezuela
Cuba Eyes Cryptocurrency as Solution to Sanctions, Financial Woes
Cuba has announced it is considering the use of cryptocurrency in order to bolster its finances amid U.S.-led sanctions.
cuba-graffiti
By Daniel Palmer
Jul 3, 2019 at 8:00 a.m. UTC
Jul 3, 2019
VenezuelaNewsCubaPetro
petro-maduro
Markets
Russia
US Treasury Sanctions Russian Bank Over Links to Venezuela’s Petro
The U.S. Department of the Treasury has sanctioned a Moscow-based bank over its role in financing Venezuela’s controversial petro token.
petro-maduro
By Yogita Khatri
Mar 13, 2019 at 1:00 p.m. UTC
Mar 13, 2019
RussiaVenezuelaRegulationNewsSanctionsPetroNicolas MaduroU.S. Treasury Department
venezuela-3
Markets
Remittances
Venezuela Isn't the Crypto Use Case You Want It to Be
Cryptocurrency enthusiasts love to talk about Venezuelan users as an example of bitcoin's subversive potential – but the reality is more complex.
venezuela-3
By Leigh Cuen
Dec 19, 2018 at 9:00 a.m. UTC
Dec 19, 2018
RemittancesLocalBitcoinsVenezuelaBitcoinDashPetroFeatures