Petro

Bitcoin Daily: Venezuela May Collect Taxes In Crypto; Russian Agency Proposes AI To Track Crypto Transactions
Bitcoin Daily: Venezuela May Collect Taxes In Crypto; Russian Agency Proposes AI To Track Crypto...
August 12, 2020  |  Bitcoin

Venezuela may be going forward with a plan to allow the use of the Petro (PTR) cryptocurrency to pay taxes, according to Cointelegraph. A group...

READ MORE >
First Of 40 Burger King Venezuela Locations Now Accepts Bitcoin
First Of 40 Burger King Venezuela Locations Now Accepts Bitcoin
January 05, 2020  |  Cryptocurrency

Burger King is letting people pay their way in Venezuela with a new bitcoin partnership that enables cryptocurrency purchases, CoinTelegraph reported on Saturday (Jan. 4)....

READ MORE >
Venezuela Readies Central Bank Crypto Payments
Venezuela Readies Central Bank Crypto Payments
September 30, 2019  |  Cryptocurrency

Venezuela’s central bank is getting ready to pull the trigger on cryptocurrency payments. President Nicolas Maduro said in a televised press conference that the government...

READ MORE >
Venezuela Considers Russian Payments System As SWIFT Alternative
Venezuela Considers Russian Payments System As SWIFT Alternative
July 17, 2019  |  International

Sources have revealed that Venezuela might use a Russian-operated international payments messaging system in an effort to get around U.S. sanctions. The country has reportedly...

READ MORE >
Bitcoin Daily: Bank Of Japan Pushes Back On Cryptocurrencies; Venezuela President Demands Consumer Access To Petro Crypto
Bitcoin Daily: Bank Of Japan Pushes Back On Cryptocurrencies; Venezuela President Demands Consumer Access To...
July 08, 2019  |  Bitcoin

European Central Bank (ECB) Executive Board Member Benoit Coeure has asked financial regulators to create a framework for crypto projects ahead of Facebook’s launch of...

READ MORE >
Bitcoin Daily: US Treasury Penalizes Petro-Backing Moscow Bank; China Tops US In Blockchain Patents
Bitcoin Daily: US Treasury Penalizes Petro-Backing Moscow Bank; China Tops US In Blockchain Patents
March 14, 2019  |  Bitcoin

The U.S. Department of the Treasury announced sanctions against a Moscow-based bank because it helped finance Venezuela’s petro cryptocurrency. “The illegitimate Maduro regime has profited off...

READ MORE >
Bitcoin Daily: Venezuelan Petro Oil Sales To Begin In 2019; Retail Investors Flee Bitcoin’s Fluctuations
Bitcoin Daily: Venezuelan Petro Oil Sales To Begin In 2019; Retail Investors Flee Bitcoin’s Fluctuations
December 09, 2018  |  Bitcoin

Venezuela is finally getting ready to transition to the petro for oil sales next year. Last year, the country launched its own cryptocurrency that will be...

READ MORE >
Bitcoin Daily: South Korean Crypto Startup Steals $2.7M In Exit Scam; Venezuela Wants World’s Oil Market To Use Petro
Bitcoin Daily: South Korean Crypto Startup Steals $2.7M In Exit Scam; Venezuela Wants World’s Oil...
November 12, 2018  |  Bitcoin

Another exit scam has hit the crypto world. This time, South Korean blockchain company Pure Bit has reportedly stolen $2.7 million worth of investors’ money...

READ MORE >
Bitcoin Daily: Venezuela Requires Crypto Payments For Passports; Seoul To Create $108M Blockchain City
Bitcoin Daily: Venezuela Requires Crypto Payments For Passports; Seoul To Create $108M Blockchain City
October 08, 2018  |  Bitcoin

In Venezuela, citizens reportedly now need to use the country’s new Petro digital currency to pay for passports, Coindesk reported. A new passport will now...

READ MORE >