/President Trump Prohibits US Exchange of Venezuelan Cryptocurrency Petro

President Trump Prohibits US Exchange of Venezuelan Cryptocurrency Petro



In a televised address on December 3, 2017, Venezuelan President Nicolás Maduro announced Petro, a centralized cryptocurrency funded by the Venezuelan government, backed by their oil and mineral reserves. Maduro also said roughly 100 million tokens would be issued — estimated to be worth …

Source: President Trump Prohibits US Exchange of Venezuelan Cryptocurrency Petro