Venezuela Scraps Controversial Petro Crypto, Returns to Bolivar After Scandals & Shake-Ups

Venezuela has officially ended its ambitious yet controversial petro cryptocurrency. Launched six years ago by President Nicolas Maduro to circumvent US sanctions, the petro has now become history, embroiled in a web of scandals and operational challenges. As per the latest updates, all Petro holdings will be converted to the nation’s struggling local currency, the... source: https://beincrypto.com/venezuela-scraps-petro-crypto-bolivar-scandal/