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Venezuela says it raised US$735 million at launch of own 'Petro' oil-backed cryptocurrency

Retrieved on: 2018-02-20 14:11:15

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Venezuela says it raised US$735 million at launch of own 'Petro' oil-backed cryptocurrency. View article details on hiswai:

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<div>... based on the price of a barrel of Venezuelan crude in mid-January – but subject to change. Economist and cryptocurrency expert Jean-Paul Leidenz said prices during the pre-sale “will be agreed privately,” and will then fluctuate according to the market when the <b>initial coin offering</b> of 44 million Petros ...</div>

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