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Petro (XPD) was a cryptocurrency issued by the government of Venezuela in February 2018 to secure the local economy.
After Venezuela and the whole world said a firm ‘no’ to Maduro’s Petro cryptocurrency, the popularity of Bitcoin continues to rise
Venezuela has defaulted on two of its US dollar-denominated sovereign bonds issued back in 2017-2018
As of 2019, the Venezuelan government plans to sell oil and petrochemicals only if Russia agrees to pay in Petro coin
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
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