Petro
News
Venezuela’s Petro Cryptocurrency Ends its Run
KEY TAKEAWAYSVenezuela's national cryptocurrency, Petro, will shut down on January 15 after a six-year lifespan.Initially created to circumvent U.S. sanctions, Petro was backed by...
News
Maduro’s scheme to give away petro to Venezuela’s youth is good for bitcoin
The government of Venezuela will not let its petro cryptocurrency dreams die. And Venezuela’s embattled president, Nicolás Maduro, now has a new plan to...
News
The petro is real and Venezuelans are slowly starting to trade it
The petro is at once the technological savior of Venezuela’s economy and the biggest fraud ever perpetrated by President Nicolás Maduro’s socialist government, depending...
News
US Treasury Accuses Russian Bank Of Helping Venezuela Skirt US Sanctions Via Petro
This action signals an increase in US pressure on the Venezuelan government.The US Treasury Department has alleged that Evrofinance Mosnarbank (Evrofinance), a Russia-based financial...
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UK Treasury Rules Out Bitcoin Reserve, Cites Volatility Concerns
UK Treasury rejects the idea of establishing a strategic Bitcoin reserve, citing BTC's volatility as unsuitable for national reserves.The...
BBVA to Launch Bitcoin and Ethereum Trading for Spanish Customers
BBVA, Spain's second-largest bank, will offer Bitcoin and Ethereum trading through its app after meeting EU regulatory requirements.The service...
CoinDesk 20 Index Falls 7.2% as Crypto Market Sees No Gainers
The CoinDesk 20 Index dropped 7.2% to 2658.12 since Friday afternoon, with no assets showing positive movement.Ethereum (ETH) and...
