Petro Will Be An Official Alternate Currency in Venezuela


Venezuelan President Nicolás Maduro announced this that the Petro, an oil-backed cryptocurrency that the country launched to work around sanctions in February, will become an official currency for the state oil company PDVSA. By Monday next week, the Petro will become an accounting unit.  According to the Spanish news site ABC, Maduro said in a televised

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Posted by Jack Mathis on August 17, 2018 @ https://www.ccn.com/petro-will-be-an-official-alternate-currency-in-venezuela/

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