Maduro: All Venezuelan Oil Will Be Sold In Petro Cryptocurrency

Original post

Authored by Tsvetana Paraskova via Oilprice.com,

Venezuela’s President Nicolas Maduro said on state television that Venezuela would put in place in 2019 a program to sell all its oil production in the Petro cryptocurrency, which the leader is touting as the first state-backed oil-backed digital currency.

Gradually, Venezuela will sell all its oil production in Petro, Maduro said during a visit to Russia. For 2019, Venezuela

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