Mark Mason
Well-known member
Venezuelan Push for Petro Adoption Provides Opportunities and Drawbacks for Cryptocurrency
The Venezuelan government is planning to offer the Petro, their oil- and commodity-backed cryptocurrency to OPEC (Organization of Petroleum Exporting Countries) as a unit of account for oil, however, many have called the Petro’s legitimacy into question.
The country’s petroleum minister and president of state-run oil and natural gas company PDVSA, Manuel Quevedo, announced via tweet that Petro transactions will begin in 2019.
Read more - https://www.dashforcenews.com/venez...portunities-and-drawbacks-for-cryptocurrency/
The Venezuelan government is planning to offer the Petro, their oil- and commodity-backed cryptocurrency to OPEC (Organization of Petroleum Exporting Countries) as a unit of account for oil, however, many have called the Petro’s legitimacy into question.
The country’s petroleum minister and president of state-run oil and natural gas company PDVSA, Manuel Quevedo, announced via tweet that Petro transactions will begin in 2019.
Read more - https://www.dashforcenews.com/venez...portunities-and-drawbacks-for-cryptocurrency/