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The Bank of America sees a $7 billion future for blockchain, while Venezuela may finally launch the Petro in November Go to Source Powered by WPeMatico
Venezuelan authorities have found another way to impose the adoption of the state-issued cryptocurrency, the petro. Citizens will soon have to pay with the government-controlled digital coin if they want to obtain a travel document. Hundreds of Venezuelans are leaving the crisis-hit country every day. Also read: New Stablecoins: From Cryptopound and Metal-Backed Swiss Coin … Read more
Ethereum developer points out that Petro white paper has copied an image from Dash’s GitHub repository, among other similarities Go to Source Powered by WPeMatico
An Ethereum developer is claiming the state-backed petro (PTR) cryptocurrency, a plaything to Venezuelan President Nicolas Maduro, has taken substantial amounts of its newly published whitepaper from Dash (DASH). Indeed, at least at first glance, it does appear there are close similarities between the altcoin and the world’s first national cryptocurrency. Also read: Bitcoin Cash … Read more
Venezuela’s president Nicolas Maduro has made several claims regarding his country’s digital currency this week. He announced the launch of the petro as a national currency on Monday, reportedly claiming that it is already “present in the world’s six topmost international exchange houses.” A new whitepaper has also been published showing that the petro is … Read more
Petro will be officially sold starting in November, Maduro claims, stating the coin is about to appear in major crypto exchanges Go to Source Powered by WPeMatico
Respected economist Professor Steve Hanke has chanted down central banks. While Hanke doesn’t tout cryptocurrency as an alternative, he does say that the world needs fewer central banks because these government-controlled entities are messing up economies and abusing monetary policy, while fueling inflation and loss of wealth. Also read: Ex-Liberia Central Bank Chief Under Probe For … Read more
The Petro is soon to be traded on an international level, according to Venezuela’s president, who has ignored alarming reports on the existence of the coin Go to Source Powered by WPeMatico
Dash is gaining traction throughout the world and, in particular, in developing countries where governments are failing the people. In fact, of the over 3,000 merchants that are listed on DiscoverDash.com, approximately half of them are in Venezuela. This is no coincidence. When people cannot use or rely on their national currency, cryptocurrency is a … Read more
The world’s most expensive bitcoin core (BTC) price is in Iran. A combination of high foreign currency demand, economic sanctions and an improved regulatory environment – with some speculation – have sent the price of the leading digital currency skywards. How high can it go? Also Read: Iran Officially Recognizes Cryptocurrency Mining Falling Rial, New Policy … Read more
