The petro — Venezuela's government-issued cryptocurrency — launches today

Business Insider
By Will MartinFeb 20, 2018, 6:23 am436 pts
Pre-sale for the petro, a cryptocurrency issued by the Venezuelan government starts on Tuesday. The cryptocurrency, first mooted in December, will be backed by oil, gas, gold and diamond reserves in the economically stricken nation. It is effectively being launched to help Venezuela circumvent financial…

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