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Venezuela says 'petro' cryptocurrency raised US$735 mln in presales

PresidentNicolasMadurosaidonTuesdaythatVenezuelahadreceived735millionUSdollarsinthefirstdayofapre-saleforthecountry’s“petro”cryptocurrency,whichisaimedatraising

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Venezuela poised to launch 'petro' cryptocurrency

A“pre-sale”ofVenezuela’snew"petro"cryptocurrencywillbeginonTuesday,amovethatthegovernmenthopeswillskirtfinancialsanctionsbyWashingtonandhelppullthecountryoutofa

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Venezuela will start its own digital currency to beat sanctions

TheauthoritarianstreakofVenezuela'srecentleadershascostthecountrydearly.Mismanagementandsanctionshavecrippleditsinfrastructure,itsmoneyisincreasinglyworthlessan