Venezuela Will Sell Oil for Petro – Maduro

Venezuela Will Sell Oil for Petro – Maduro

Venezuela Will Sell Oil for Petro – Maduro


7 Dec 2018 , 21:09 @ JoBlaga

President Nicol?s Maduro stated on Thursday that the goal of the measure is to diversify the international market including embracing new forms of payment through cryptocurrencies from allied countries while reducing reliance on the US dollar.  “In 2019 we are scheduled to sell crude oil for Petro and in this way continue to free us […]

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December 7, 2018

After Venezuela, also Russia is planning to launch oil-backed cryptocurrency to avoid trade restrictions

After Venezuela, also Russia is planning to launch oil-backed cryptocurrency to avoid trade restrictions

After Venezuela, also Russia is planning to launch oil-backed cryptocurrency to avoid trade restrictions


11 Oct 2018 , 22:04 @ Adam

According to the Russia’s state-run news agency Prime, with cryptocurrencies it is possibility to untied oil trade from U.S. dollar. More countries on the world has problem with exporting of oil and gas because International restrictions. With crypto backed minerals it can be much easier for exporters to overcome these barriers. Team headed by Yusufov […]

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October 11, 2018
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