The post Could OPEC Adopt a Cryptocurrency? Venezuela Lobbies for Oil-Backed ‘Petro’ appeared first on CCN
The Petro, Maduro’s Venezuelan crypto endeavor, is a pre-mined oil-backed cryptocurrency. However, this isn’t enough for Maduro who now wants an OPEC-backed global cryptocurrency. Could it work and is there support within OPEC? The President of Venezuela, Nicolas Maduro, wants OPEC support for Venezuela’s new ‘state-backed’ cryptocurrency offering which has been called “the Petro”. This … Continued
The post Could OPEC Adopt a Cryptocurrency? Venezuela Lobbies for Oil-Backed ‘Petro’ appeared first on CCN
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