• Market Cap: $266b

  • May 22, 2022

Cuba Government is Studying Cryptocurrency to Avoid US Sanctions

Cuba might be the newest country Studying Cryptocurrency to Avoid US Sanctions

Petro Gets The Nod of Venezuela’s Supreme Court

The Supreme Court of Venezuela has accepted the Petro's status as a national currency, ordering a government entity to pay compensation in Petro.

Venezuela Pegs Its Fiat Currency Bolivar to Its Cryptocurrency Petro

Nicolás Maduro, the president of Venezuela said the plan would involve devaluing the bolivar from 285,000 per dollar to 6 million – a drop of 96 percent.

India Declines Venezuela’s Offer to Pay in Petro Cryptocurrency for Oil

Last month, Venezuela offered India a discount on crude oil if the country pays them in Petro cryptocurrency. However, India has declined Venezuela’s offer.

Venezuela Offers 30% Discount to India on Crude Oil If Purchased Via Petro Cryptocurrency

Attempting to increase the adoption of their Petro cryptocurrency, Venezuela has offered 30% discount on crude oil to India if payments are made using Petro.

Venezuela’s Petrol-Backed Cryptocurrency ‘Petro’ To Go On Pre-Sale From Tomorrow

Venezuela’s state-created petrol-backed cryptocurrency, Petro, is all set to go on pre-sale starting tomorrow, the 20th of February.