Venezuela’s Petro has proven to be a rather intriguing cryptocurrency. While it is the first of its kind – though not necessarily the last – to be backed by natural oil reserves, the Petro has not been received all that well. The United States was quick to prohibit the use of this new currency. However, it seems Venezuela is getting a helping hand from a small Russian bank. The Petro Plot Continues to Thicken It has become more than apparent that the issuance of Venezuela’s Petro cryptocurrency will not go off without a hitch. Despite opposition from various government officials, President Maduro went aheadPowered by WPeMatico
