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Bookmarking Crypto InsightsTue, 16 Jan 2018 19:00:50 +0000en-US
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3232Venezuela’s President Urges Neighbors to Embrace the Petro Cryptocurrency
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Tue, 16 Jan 2018 19:00:50 +0000https://www.digit.info/2018/01/16/venezuelas-president-urges-neighbors-to-embrace-the-petro-cryptocurrency/Read more]]>Venezuela’s cryptocurrency project will still go ahead as planned, by the look of things. Last week, the nation’s Senate forbade the issuance of the Petro cryptocurrency, but it seems President Nicolás Maduro has no intention of backing down. More specifically, he has urged some of the neighboring countries to embrace this new cryptocurrency in the very near future. Whether or not this request will fall on deaf ears remains to be determined. President Maduro Wants the Petro to Succeed It is evident that something will need to change in Venezuela sooner rather than later. Right now, the country’s financial situation is