Venezuela

OPEC
Report: Venezuela's Maduro Wants OPEC to Launch a Cryptocurrency
Venezuelan President Nicolas Maduro has proposed "joint cryptocurrency mechanism" for use by OPEC members and non-member oil producing states.
OPEC

Russian flag behind fence (Shutterstock)
Sanctions Showdown Looms for US and Cryptocurrency
If OFAC turns its eye toward cryptocurrencies, it could be only a matter of time before it makes an example of one or more entities to send a message.
Russian flag behind fence (Shutterstock)

Nicolas Maduro
Venezuela's President Announces 'Petro' Token Pre-Sale
The president of Venezuela has said the pre-sale of the country's proposed oil-backed cryptocurrency will launch next month.
Nicolas Maduro

Congress, Capitol Hill
US Senators Blast Venezuela's Oil-Backed Cryptocurrency Plan
U.S. Senators Marco Rubio (R.-Fl) and Robert Menendez (D.-NJ) have denounced Venezuela's planned cryptocurrency in a new letter.
Congress, Capitol Hill

Maduro
Venezuela Blasts 'False' White Paper for Oil-Backed Cryptocurrency
Venezuelan officials have denied claims that the petro token's white paper has been released, calling such claims "false information."
Maduro

Venezuela Congress
Venezuela's Planned Petro Cryptocurrency 'Illegal,' Says Congress
Venezuela's opposition-run congress has declared that a planned new oil-backed cryptocurrency called the petro is illegal.
Venezuela Congress

mole, whack
Regulatory Whack-a-Mole Won’t Beat Crypto Evasion
If the U.S. government just tries to go after each problematic example of crypto on an ad-hoc basis, it'll never get ahead of the issue.
mole, whack

Maduro
Venezuelan President Announces 'Petro' Oil-Backed Cryptocurrency
Venezuelan president Nicolas Maduro has announced a new cryptocurrency called the "petro."
Maduro

website down, error
Bitcoin Websites Experience Service Outage in Venezuela
Various bitcoin sites experienced downtime over roughly four hours yesterday due to what appears to be a DNS server error at a major ISP.
website down, error

NYSE stock exchange
Market Weekly: Bitcoin Price Serene Amid Market Turmoil
Markets roiled around the world but the bitcoin price held steady last week, hovering close to $400.
NYSE stock exchange