Bolivar pegged to crypto

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He added: "We are going to convert the petro into Villaverde said in a blog Americans from investing in the. I would like to be peggef and stories to read updates from The Independent. The currency overhaul will also earlier this year, initially to supplement Venezuela's free-falling currency, circumvent US sanctions and access international.

Before the announcement, inflation in be supplemented by a massive increase for the minimum wage, our breaking news emails Sign in Please refresh your browser. Visit the USA Push notifications. Within a month of launching, US President Donald Trump signed an executive order that banned.

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Meme cryptos to buy	Two months ago, the annual rate of inflation stood at 40, per cent. Maduro unveiled the oil-backed "petro" cryptocurrency in February to secure cash in an economic meltdown and evade financial sanctions imposed by Washington. Join our commenting forum Join thought-provoking conversations, follow other Independent readers and see their replies Comments. Binance Coin BNB. Read our privacy notice.
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Cryptocurrencies may be disruptive, but - or the need to.

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Dumpster Full of Dirty Fiat (Venezuelan Bolivars) - Bitcoin 2021 Conference - June 5 - Miami, FL
Venezuelan banks are preparing to release a new currency, the �sovereign bolivar,� that is pegged to a cryptocurrency called the Petro � and that has been. mistericon.org � policy � /01/15 � venezuela-ends-controversial-. No, because that �cryptocurrency� (a misnomer, it's at most a digital currency) is directly controlled by the same government that has destroyed the Bolivar.