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2020/10/02 18:00

Venezuela Rolls Out Ethereum-Based Stock Exchange to Help Skirt US Sanctions

The blockchain-based exchange comes as part of new measures announced by President Nicolas Maduro in a big to sidestep tough U.S. sanctions.

2019/07/05 19:00

Venezuela’s Maduro Orders Top Bank to Make Petro Available to Public

President Maduro has ordered the Bank of Venezuela to open public counters for his controversial cryptocurrency, the petro.

2019/03/13 22:00

US Treasury Sanctions Russian Bank Over Links to Venezuela’s Petro

The U.S. Department of the Treasury has sanctioned a Moscow-based bank over its role in financing Venezuela’s controversial petro token.

2019/02/27 02:00

Bolivars to Bitcoin: Activists Take Down Venezuela’s Maduro in Crypto Art Exhibit

As the situation in Venezuela continues to escalate, artist cryptograffiti, crypto exchange AirTM and merchant services provider Cripto Conserje have teamed up for an all-day fundraiser to tear down – in whatever way they can – Maduro's regime.

2018/12/08 00:00

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.

2018/10/06 05:00

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.

2018/09/02 19:30

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.

2018/07/26 20:30

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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