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Enter the 'petro': Venezuela to launch oil-backed cryptocurrency

CARACAS (Reuters) - Venezuelan President Nicolas Maduro looked to the world of digital currency to circumvent U.S.-led financial sanctions, announcing on Sunday the launch of the "petro" backed by oil reserves to shore up a collapsed economy.


from Reuters: World News http://ift.tt/2kiXI2Y
Enter the 'petro': Venezuela to launch oil-backed cryptocurrency Reviewed by Daily Trends Times on December 03, 2017 Rating: 5

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