Venezuela to Launch Cryptocurrency to Fight U.S. Sanctions
Venezuelan President Nicolas Maduro says his government will launch a cryptocurrency (digital currency) to circumvent what he called a financial “blockade” by the U.S. government. The new currency will be called the “petro,” the leftist leader said in his TV address Sunday, and will be backed by the socialist-run, OPEC nation’s oil, gold and mineral reserves.…
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Sure is empty down here...