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Crypto to bypass sanctions? Yes, says Venezuela’s President Maduro

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The government of Venezuela has floated a new use case for cryptocurrencies, President Nicolas Maduro said during a recent speech, one that highlighted the...
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Nicolas Maduro: You Can Now Buy Our Venezuelan Oil in Crypto Petro

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2020 could be the year Venezuelan oil will be finally exchanged for the Petro crypto. The national cryptocurrency is yet to find a use outside its borders. U.S. sanctions are scaring would-be buyers with the number of oil barrels sitting in storage tanks growing by the day. Venezuela’s plans to sell its mineral resources for…
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