Get our news on your inbox! x

Remember me Forgot password

MercoPress, en Español

Montevideo, November 5th 2024 - 03:46 UTC

Tag: Carlos Vargas

  • Monday, February 19th 2018 - 09:14 UTC

    Venezuela launches its “Petro” crypto-currency, backed with oil, on Tuesday

    “On Tuesday, there will be quite a few announcements about the start of the process,” Vargas said

    Venezuela’s “Petro” crypto-currency will attract investments from Turkey, Qatar, the U.S., and Europe, the country’s crypto-currency regulator, Carlos Vargas, told reporters. The Petro will be offered for sale this Tuesday, February 20th, and comes as Venezuela is suffering from quadruple-digit inflation and chronic shortages of food and medicine.