Venezuela Considers Selling Its ”Oil-Backed” Cryptocurrency With a 60% Discount

Venezuela Considers Selling Its Oil-Backed Cryptocurrency With a 60% DiscountThe advisors of the Venezuelan government have recommended that the country’s oil-backed cryptocurrency, the petro, be sold in private placements at a discount of up to 60 percent. 38.4 million petros, with a face value of around $2.3 billion, could go on sale starting on February 15. Also read: South Korea Urges 23 Countries, EU, and […]

The post Venezuela Considers Selling Its ”Oil-Backed” Cryptocurrency With a 60% Discount appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico