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The Petro was launched by the government of Venezuela this February. The president of Venezuela Nicolas Maduro called on workers to save in gold state- run cryptocurrency Petro during a salary shake- up he announced Thursday, October 18 local news portal Noticiero Digital reports. The Petro was launched image courtesy of CoinTelegraph Telesur reports that the new currency will have five zeros less than the existing national currency Bolivar Fuerte ( VEF) , the Bolívar Soberano ( Sovereign Bolivar) will be anchored to the oil- backed Petro ( PTR) digital currency.
Cointelegraph petro. As Cointelegraph reported in August Maduro made Petro a unit of account within the country, tying salaries services to the oil- backed national cryptocurrency. The official sale of Petro in Venezuela started this November, with several top officials including Maduro purchasing it via the official website. Tagged bail Cointelegraph country Failed Maduros Petro plan. Image courtesy of CoinTelegraph. Telesur reports that the new currency the Bolívar Soberano ( Sovereign Bolivar), will have five zeros less than the existing national currency Bolivar Fuerte ( VEF) will be anchored to the oil- backed Petro ( PTR) digital currency. Share Tweet Share. From Ponzi Schemes to ICO Exits, Ethereum’ s Blockchain Has Been the Platform of Choice for Scammers By Cointelegraph.

The petro launched in February, petromoneda is a cryptocurrency developed by the government of Venezuela. Authored by Ana Berman via crypto, Venezuelan Economy Department announced on Twitter Monday, Venezuela’ s controversial state- owned cryptocurrency the Petro is now available for purchase for fiat Oct.

As of August it does not appear to function as a c 03 Maduro made Petro a unit of account within the country, tying salaries , · As Cointelegraph reported in August . Amazon ‘ Will Have to’ Create Its Own Crypto in Future, Binance CEO Says By Cointelegraph.

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How can the answer be improved? Petro News In, president of Venezuela, Nicolas Maduro, announced the development and issuing of an official Venezuelan cryptocoin — El Petro cryptocurrency — for Venezuelan citizens. Venezuela on Fire: How Maduro’ s Petro Plan Failed to Bail Out the Country.

As Venezuela enters the crucial part of a political crisis, we decided to trace the fate of the Petro — the national. Petro, the cryptocurrency touted as a way out of Venezuela’ s financial crisis, will become the only payment method for passports starting Oct.

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