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Venezuela says launch of ‘petro’ cryptocurrency raised $735 million

CARACAS: President Nicolas Maduro said Tuesday that Venezuela had received $735 million in the first day of a pre-sale of the country’s “petro” cryptocurrency,...

Venezuela begins selling oil-backed cryptocurrency

CARACAS: Venezuela formally launched its new oil-backed cryptocurrency on Tuesday in an unconventional bid to haul itself out of a deepening economic crisis. The leftist...

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