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Venezuela Government Launches their Commodity-Backed Cryptocurrency Petro and Offers India 30% Discount Off Crude Oil when Paid in Petro

New Cryptocurrency In late March 2018, President Nicolas Maduro officially announced the inception of petro (PTR), Venezuela’s new digital currency. He shares that PTR is backed by the country’s oil, gas, diamonds and gold with $735M being successfully raised on its first pre-sale day. PTR is also meant to aid in overcoming US and EU […]