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Venezuela Urges 10 Other Countries to Adopt Its Oil-Backed Cryptocurrency
Venezuela’s president Nicolas Maduro has called for 10 other countries to adopt his planned oil-backed cryptocurrency, the petro. This move follows the country’s parliament declaring the issuance of this new currency illegal. Also read: South Korea Urges 23 Countries, EU, and IMF to Collaborate on Curbing Crypto Trading Maduro’s Proposal Maduro held a meeting of the […]
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Venezuela Will Pre-Mine the Petro and Launch in 6 Weeks
One day after Venezuela’s oil-backed cryptocurrency was declared illegal, the government of president Nicolas Maduro announced plans to pre-mine the petro. The new currency is expected to launch in six weeks. Also read: South Korea Urges 23 Countries, EU, and IMF to Collaborate on Curbing Crypto Trading Petro Mining Restricted to Government The Venezuelan Superintendent of […]
The post Venezuela Will Pre-Mine the Petro and Launch in 6 Weeks appeared first on Bitcoin News.
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Bank of England Could Issue “Bitcoin-style Digital Currency” in 2018
The Bank of England might have “its own Bitcoin-style digital currency” this year already, according to the country’s legacy media. The more than three hundred year old bank set up a research unit back in 2015 to investigate linking a state-backed crypto to sterling, and there appears to be a breakthrough. Also read: EU Central […]
The post Bank of England Could Issue “Bitcoin-style Digital Currency” in 2018 appeared first on Bitcoin News.
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