Venezuela

Markets

Venezuelan finance minister Simon Zerpa Delgado announced on Twitter that he visited Moscow to update Russian officials on Venezuela's petro currency.

By Annaliese MilanoFeb 22, 2018

Markets

Several companies have been so far linked to Venezuela's petro cryptocurrency initiative in the wake of this week's launch.

By Stan HigginsFeb 21, 2018

Markets

Venezuelan president Nicolas Maduro claimed Tuesday that a presale for the country's national cryptocurrency netted $735 million on its first day.

By Stan HigginsFeb 21, 2018

Markets

Venezuela revealed a new website for its petro token, releasing its technical white paper and telling potential customers how to purchase the coin.

By Nikhilesh DeFeb 20, 2018

Markets

Venezuela's government has reportedly launched the pre-sale of its controversial "petro" cryptocurrency, saying 82.4 million tokens are now available.

By Daniel PalmerFeb 20, 2018

Markets

Venezuelan President Nicolas Maduro has proposed "joint cryptocurrency mechanism" for use by OPEC members and non-member oil producing states.

By Annaliese MilanoFeb 7, 2018

Finance

If OFAC turns its eye toward cryptocurrencies, it could be only a matter of time before it makes an example of one or more entities to send a message.

By Brian FlemingFeb 6, 2018

Markets

The president of Venezuela has said the pre-sale of the country's proposed oil-backed cryptocurrency will launch next month.

By Sujha SundararajanJan 31, 2018

Markets

U.S. Senators Marco Rubio (R.-Fl) and Robert Menendez (D.-NJ) have denounced Venezuela's planned cryptocurrency in a new letter.

By Nikhilesh DeJan 22, 2018

Markets

Venezuelan officials have denied claims that the petro token's white paper has been released, calling such claims "false information."

By Nikhilesh DeJan 19, 2018