Maduro

Yuri MolchanYuri Molchan

Petrochemicals for Petro: Venezuela Intends to Supply Oil to Russia for Crypto Only

As of 2019, the Venezuelan government plans to sell oil and petrochemicals only if Russia agrees to pay in Petro coin
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Petrochemicals for Petro: Venezuela Intends to Supply Oil to Russia for Crypto Only
Yuri MolchanYuri Molchan

President of Venezuela Directs Banks to Embrace Petro in a Bid to Struggle Recession

From now banks have to report all financial data in Petro - this is the demand of the country’s regulator. This seems to be the result of the 5-year recession
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President of Venezuela Directs Banks to Embrace Petro in a Bid to Struggle Recession
Yuri MolchanYuri Molchan

Venezuela Releases Android App For Old Bolivar-Petro-Backed Coin Conversion

The new app bears the name “Calculadora Soberana” (Sovereign Calculator) and it helps to exchange the old fiat Bolivar into the new Sovereign Bolivar money
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Venezuela Releases Android App For Old Bolivar-Petro-Backed Coin Conversion
Yuri MolchanYuri Molchan

Venezuela to Launch Petro-Tied Bolivar: President Maduro

Nicolas Maduro orders the Bolivar denomination due to the hyperinflation
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Venezuela to Launch Petro-Tied Bolivar: President Maduro
Darryn PollockDarryn Pollock

Russia Involved in Launching Cryptocurrency Petro to Circumvent US Sanctions: Time

In a damning report by Time Magazine, it appears that Russia secretly helped Venezuela launch the Petro to circumvent US sanctions
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Russia Involved in Launching Cryptocurrency Petro to Circumvent US Sanctions: Time

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