Venezuelans Remain Skeptical After President Maduro Raises Petro’s Value
Venezuelan President Nicolas Maduro’s move to increase the price of the petro, the country’s oil-backed cryptocurrency, has sparked intense debate. Experts and tech-savvy Venezuelans alike are less than enthusiastic...
Maduro’s Promotion of the Petro Yet to Yield Results
Venezuelan President Nicolas Maduro has been tirelessly promoting the petro, ever since his administration announced the creation of what is now considered the first state-issued cryptocurrency. Although no one...
More Oil Giants to Join Blockchain-Based Platform Vakt for Energy Commodity Trading
More global oil and gas giants have joined the...
Bank’s Refusal to Release $1.2B of Venezuelan Gold Strengthens the Case for Bitcoin
Venezuela’s economic crisis is impossible to ignore. President Nicolás Maduro’s attempt to withdraw $1.2 billion of the country’s own gold from the Bank of England (BoE) has been rejected. The notion...