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

The government of Venezuela has floated a new use case for cryptocurrencies, President Nicolas Maduro said during a recent speech, one that highlighted the...

Nicolas Maduro: You Can Now Buy Our Venezuelan Oil in Crypto Petro

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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