Report: Venezuela Is Forcibly Converting Pension Balances to the Petro
Venezuela has reportedly begun automatically converting residents' pensions into its controversial cryptocurrency.
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Dec 12, 2018 at 11:00 p.m. UTC
Dec 12, 2018
Petro
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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.
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Dec 7, 2018 at 3:00 p.m. UTC
Dec 7, 2018
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Venezuela to Present Petro at OPEC as the 'Digital Currency for Oil'
Venezuela is hoping the world's oil markets will start using its controversial national cryptocurrency, the petro.
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Nov 9, 2018 at 9:20 a.m. UTC
Nov 9, 2018
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Venezuelans Forced to Use Petro Cryptocurrency to Pay for Passports
Venezuelans must now pay for passports with the country's controversial petro token, according to a report.
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Oct 8, 2018 at 12:30 p.m. UTC
Oct 8, 2018
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US Senators Seek Stronger Sanctions on Venezuela's 'Petro' Cryptocurrency
A bipartisan group of U.S. senators is pushing for tighter sanctions against Venezuela's state-backed cryptocurrency, known as the petro.
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Oct 5, 2018 at 8:00 p.m. UTC
Oct 5, 2018
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Venezuela to Adopt Controversial Petro Token in Global Trade
Venezuela's president is ordering the use of the petro in international trade, despite doubts the token will be widely accepted.
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Sep 21, 2018 at 9:30 a.m. UTC
Sep 21, 2018
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Venezuela's Petro Cryptocurrency Is a Gift to Future Generations
The petro cryptocurrency may be one of the most ill-conceived blockchain projects. But it just might speak to exactly why the tech is gravely needed.
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Sep 2, 2018 at 10:30 a.m. UTC
Sep 2, 2018
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Venezuela's Maduro Orders Banks to Adopt Petro Cryptocurrency
Venezuelan banks have been ordered to use the petro, the Maduro government-launched cryptocurrency, as a unit of account.
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Aug 28, 2018 at 9:00 p.m. UTC
Aug 28, 2018
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Venezuela to Peg Pension, Salary Systems to Petro Cryptocurrency
Venezuela is set to begin using its "petro" cryptocurrency as an official accounting unit, according to the country's president.
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Aug 14, 2018 at 11:30 p.m. UTC
Aug 14, 2018
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Venezuela's New National Currency Will Be Tied to the Petro, Says President
Venezuela is replacing its national currency, the bolivar, with a new one that will reportedly be tied to its controversial "petro" token.
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Jul 26, 2018 at 11:30 a.m. UTC
Jul 26, 2018