The sun may have set on Venezuela’s crypto dream, experts say – with some claiming that the nation’s oil-pegged Petro coin may be “dead.” The coin was launched in October 2018, and made headlines when its masterminds claimed it was the first state-backed cryptoasset. The government said that the coin was backed by oil, albeit reserves that had yet to be drilled.... Read More: Sun Sets on Venezuela’s Petro – Is the State-backed Crypto Now ‘Dead?’
