Venezuela Isn't Paying Debts in State Crypto Petro: Russian Official

Venezuela Isn't Paying Debts in State Crypto Petro: Russian Official

A senior Russian official has confirmed that Venezuela's debt to Russia, a total of $3.15 billion owed to the Kremlin within a 10-year period, won't be reimbursed in any part with Venezuelan state cryptocurrency petro.

Venezuela's President May Have Falsified Information about the Petro

Venezuela's President May Have Falsified Information about the Petro

Venezuela's token El Petro, the world's first state cryptocurrency, would have increased $ 5 billion in its first currency offer (ICO), according to Venezuelan President Nicolás Maduro.

Russian Official Refutes Country's Role In Venezuela's Petro Crytpocurrency

Russian Official Refutes Country's Role In Venezuela's Petro Crytpocurrency

A Russian official asserts that his country never partnered with Venezuela about the Petro, Venezuela's national cryptocurrency, Russia's news source Tass reported Friday. The world's first state cryptocurrency is marked by the Petro.

President Orders Airlines to Accept Petro, Cryptocurrencies

President Orders Airlines to Accept Petro, Cryptocurrencies

Venezuela's oil-backed cryptocurrency keeps making headlines, as the country's cryptocurrency superintendent, Carlos Vargas, recently declared that airlines in Venezuela can currently take the Petro (PTR) and other cryptocurrencies as a payment system.

President Claims 'Petro' Has Got 171,000 Pre-registrations

President Claims 'Petro' Has Got 171,000 Pre-registrations

The initial coin offering (ICO) presale for Venezuela's high-profile 'Petro' cryptocurrency was a resounding success — at least based on state-run media outlets.