Tags: Petro

Venezuela’s Petro Cryptocurrency to Cease Operations on Jan 15

Digital Yuan Enters Oil Market as PetroChina Finalizes First International Crude Trade in CBDC

The government will spend six additional months to ‘reorganize” the entity, which de-facto stopped its work in March 2023.

Sun Sets on Venezuela’s Petro – Is the State-backed Crypto Now ‘Dead?’

According to Venezuela‘s attorney general office, government officials were running parallel oil operations with the assistance of the national crypto department.

A new board will lead the reorganization, headed by Anabel Pereira Fernández. The new team excludes Joselit Ramirez, who led the department since its inception in 2018.