Bitcoin, Blockchain, Cryptocurrency, Daily News, Issuing & Acquiring, petro -

Venezuela launches petro a government backed cryptocurrency

The Venezuelan government says it raised $735m in the first day of the pre-sale of its cryptocurrency, the petro. President Nicolás Maduro tweeted late on Tuesday that the cryptocurrency reaffirmed the country’s economic sovereignty and celebrated the petro as a “big solution” to Venezuela’s ills, as the country economy is battered by hyper inflation and US [...]

The post Venezuela launches petro a government backed cryptocurrency appeared first on Payments Cards & Mobile.