Maduro Archives | CoinStaker

Petro backed Bolivar: For better or for worse, a historical moment for Venezuela

by Peio Purlev | Aug 22, 2018 | Crypto News, cryptocurrency, Handpicked | 0 comments | 6888 Views

Last week, Venezuela’s President Nicolas Maduro made an announcement about a Petro backed Bolivar, but these radical changes weren’t official. Many doubted this controversial move from ever happening, but a week later Nicolas Maduro started the economic changes of...

The Petro cryptocurrency to be Linked to Pension and Salary Systems in Venezuela

by Ian Karamanov | Aug 16, 2018 | Bank, Country, Crypto News | 0 comments | 5855 Views

Venezuela’s president wants to use the Petro cryptocurrency as an official accounting unit. Maduro announced his decision earlier this week as reported by abc.es. Part of the implementation will see the oil and gas company of Petroleos de Venezuela (PDVSA) will start...

Russia May Start Using Venezuelas Petro for International Transactions

by Carlos Terenzi | Apr 4, 2018 | Bitcoin News, Crypto News | 0 comments | 14093 Views

We have written several times about Venezuelas Petro and how it was being developed. Now, it seems that Russia is planning to accept Venezuelas Petro for some international transactions. The measure can be seen as a way to support the Venezuelan regime that has been...

Venezuela Unveils its Plans to Launch the Petro, its National Cryptocurrency

by Carlos Terenzi | Jan 2, 2018 | Country, E-currencies | 0 comments | 16232 Views

Venezuela has announced how the Petro, Venezuela’s national cryptocurrency, will work. The details include how it will be issued, controlled, backed and how the developer team will be conformed. Venezuela is the country with the highest inflation in the world and...