Venezuela Ends Petro Cryptocurrency
Launched in February 2018 with the backing of Venezuela's petrol reserves and priced at US $60 per unit, the petro was intended to provide alternative avenues for international financing amid US sanctions.
AlexLaunched in February 2018 with the backing of Venezuela's petrol reserves and priced at US $60 per unit, the petro was intended to provide alternative avenues for international financing amid US sanctions.
AlexThe blockchain of Venezuela's official cryptocurrency, the petro, has been facing operational difficulties, with block production halting and wallets being blocked or eliminated.
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