Tag: Petro Gold

President Maduro Sets Sights on New Cryptocurrency Backed by Venezuelan Gold Reserves

The Venezuelan government is quite keen on creating new cryptocurrencies, by the look of things.¬†Following the success of its¬†initial Petro sale, a plan has been devised to create Petro Gold. This new token will be backed by the country’s precious metal reserves. The Petro Gold Token may Become a Thing It is safe to say Venezuela can only be saved by cryptocurrencies at this point. Whether that means existing and …
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