Venezuela Announces New ‘Petro Gold’ Cryptocurrency, One Day After Launching the Petro

The post Venezuela Announces New ‘Petro Gold’ Cryptocurrency, One Day After Launching the Petro appeared first on CCN

Venezuelan leader Nicolás Maduro has recently announced that within one week, the county is going to launch a new cryptocurrency, the Petro Gold. The cryptocurrency, according to local news source Telesur, will be backed by precious metals. Notably, Maduro’s announcement was made Wednesday (Feb. 21), one day after Venezuela launched its oil-backed cryptocurrency, the Petro.

The post Venezuela Announces New ‘Petro Gold’ Cryptocurrency, One Day After Launching the Petro appeared first on CCN

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