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Venezuela's President Nicolas Maduro (C) delivers a speach next to Vice-President Tarek El Aissami (L) next to Venezuela's Minister of Science, Technology and University Education Hugbel Roa (R) during a press conference to launch to the market a new oil-backed cryptocurrency called "Petro", at the Miraflores Presidential Palace in Caracas, on February 20.

Venezuela formally launched its new oil-backed cryptocurrency on Tuesday in an unconventional bid to haul itself out of a deepening economic crisis. The leftist Caracas government put 38.4 million units of the world's first state-backed digital currency, the Petro, on private pre-sale from the early hours. A total of 100 million Petros will go on sale, with an initial value set at $60, based on the price of a barrel of Venezuelan crude in mid-January.
Venezuela formally launched its new oil-backed cryptocurrency on Tuesday in an unconventional bid to haul itself out of a deepening economic crisis. The leftist Caracas government put 38.4 million units of the world's first state-backed digital currency, the Petro, on private pre-sale from the early hours. A total of 100 million Petros will go on sale, with an initial value set at $60, based on the price of a barrel of Venezuelan crude in mid-January.
 / AFP PHOTO / FEDERICO PARRA        (Photo credit should read FEDERICO PARRA/AFP/Getty Images)
Venezuela's President Nicolas Maduro (C) delivers a speach next to Vice-President Tarek El Aissami (L) next to Venezuela's Minister of Science, Technology and University Education Hugbel Roa (R) during a press conference to launch to the market a new oil-backed cryptocurrency called "Petro", at the Miraflores Presidential Palace in Caracas, on February 20.

Venezuela formally launched its new oil-backed cryptocurrency on Tuesday in an unconventional bid to haul itself out of a deepening economic crisis. The leftist Caracas government put 38.4 million units of the world's first state-backed digital currency, the Petro, on private pre-sale from the early hours. A total of 100 million Petros will go on sale, with an initial value set at $60, based on the price of a barrel of Venezuelan crude in mid-January.
Venezuela formally launched its new oil-backed cryptocurrency on Tuesday in an unconventional bid to haul itself out of a deepening economic crisis. The leftist Caracas government put 38.4 million units of the world's first state-backed digital currency, the Petro, on private pre-sale from the early hours. A total of 100 million Petros will go on sale, with an initial value set at $60, based on the price of a barrel of Venezuelan crude in mid-January.
 / AFP PHOTO / FEDERICO PARRA        (Photo credit should read FEDERICO PARRA/AFP/Getty Images)

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    Trump prohíbe transacciones con criptomonedas venezolanas

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Trump prohíbe transacciones con criptomonedas venezolanas

El presidente Donald Trump emitió un decreto que prohíbe realizar transacciones con el petro, la criptomoneda de Venezuela. La orden va dirigida a empresas, ciudadanos estadounidenses y a personas residentes en el territorio de Estados Unidos. Trump acusa al presidente Nicolás Maduro de querer evadir las sanciones financieras de Estados Unidos con la creación del petro.

Trump prohíbe transacciones con criptomonedas venezolanas

El presidente Donald Trump emitió un decreto que prohíbe realizar transacciones con el petro, la criptomoneda de Venezuela. La orden va dirigida a empresas, ciudadanos estadounidenses y a personas residentes en el territorio de Estados Unidos. Trump acusa al presidente Nicolás Maduro de querer evadir las sanciones financieras de Estados Unidos con la creación del petro.