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Venezuela’s oil-backed cryptocurrency will be convertible to Russian rubles – Maduro

(RT) The so-called ‘petro’ digital currency, which was launched by Venezuela last month, will be traded for several global currencies, including the Russian ruble. “Starting...

Maduro to create cryptocurrency backed in oil and diamond reserves

As Venezuela's financial crisis deepens, President Nicolas Maduro announced on Sunday the creation of a digital cryptocurrency to fight a financial blockade fueled by...