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Category Archives: Oil-Backed Cryptos

Oil-Backed National Cryptocurrency called Petro to launch in Venezuela

The Venezuelan President, Nicolás Maduro, has given the greenlight for the issuance of the first batch of Petros – no more than 100 million Petro tokens to be exact. Each Petro will be backed by a single barrel of oil.

Be sure to continue to read at the source: CoinTelegraph