U.Today is supported by its audience. When you buy through referral links, we may earn a commission.

Petro News

Petro (XPD) was a cryptocurrency issued by the government of Venezuela in February 2018 to secure the local economy.

Alex DovbnyaAlex Dovbnya

LocalBitcoins Trading Volume Increases Exponentially in Venezuela as Political Crisis Escalates

After Venezuela and the whole world said a firm ‘no’ to Maduro’s Petro cryptocurrency, the popularity of Bitcoin continues to rise
Stavros GeorgiadisStavros Georgiadis

Petro Investment – Is It the End of the Venezuelan Cryptocurrency?

Venezuela has defaulted on two of its US dollar-denominated sovereign bonds issued back in 2017-2018
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
Yuri MolchanYuri Molchan

Nicolas Maduro Forces Petro’s Rate to Soar Triple, Petro Wallet Still Banned by Google

Venezuelan crypto coin Petro has artificially gotten its price increased on President Maduro’s orders, but the promised native crypto wallet is forbidden by Google
Yuri MolchanYuri Molchan

Dash CEO Believes Central Bank Coins to Appear in the Future

CEO of Dash Ryan Taylor expressed his opinion regarding the future of crypto. He believes that coins emitted by central banks are inevitable in the near or long term