Venezuela’s new cryptocurrency doesn’t seem to exist

4 months 2 weeks ago #42 by nfuderanan
"Venezuelan president Nicolás Maduro claims that sales of the petro, the supposedly oil-reserve-backed national cryptocurrency he launched in February, have already raised $3.3 billion, and that the coin is being used to pay for imports. But an investigation by Reuters has found no evidence to back those claims—or that the petro is even a functional cryptocurrency."

www.technologyreview.com/the-download/61...oesnt-seem-to-exist/

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