Tag: national cryptocurrency

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Venezuela’s Supreme Court Orders Payment in National Cryptocurrency

Venezuela's Supreme Court Orders Payment in National CryptocurrencyVenezuela’s Supreme Tribunal of Justice has ordered a compensation payment of 266 petros, the country’s national cryptocurrency, in a workplace injury case. Meanwhile, the Venezuelan government has launched the petro savings plan, backed by 4 million of the digital currency. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Venezuela’s Supreme Court Recognizes Petro The […]

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November 6, 2018 0

Mastercard “Very Happy” to Use Cryptocurrencies, Just Not Real Ones

Mastercard “Very Happy” to Use Cryptocurrencies, Just Not Real OnesWhen you are an entrenched player deep within a certain system, especially one as complex and inflexible as the banking industry, it can be hard to implement changes, even when there is a critical need to adapt to emerging technologies. If a company wants to appear as if it is keeping up with the times, […]

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March 19, 2018 0

Maduro Orders the Issue of 100M Petros, Venezuela’s Oil-Backed Cryptocurrency

Maduro Orders the Issue of 100M Petros, Venezuela’s Oil-Backed CryptocurrencyThe first issue of Venezuela’s national cryptocurrency has been ordered by President Nicolás Maduro. He has also called for the first national meeting of the petro’s miners where he will release the whitepaper for the new currency. Also read: Venezuela Unveils Mining, Trading, and Launch Details of National Cryptocurrency 100 Million Petros Incoming On Friday Venezuela’s […]

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January 6, 2018 0

Putin Orders the Issue of Russia’s National Cryptocurrency – the Cryptoruble

Putin Orders the Issue of Russia's National Cryptocurrency – the CryptorubleRussia’s president Vladimir Putin has reportedly ordered the issue of the national cryptocurrency, the “cryptoruble.” The Russian Minister of Communications and Mass Media has revealed some details of this new currency. Also read: Putin Confirms Russia Will Regulate Cryptocurrencies Putin’s Executive Order Russia’s Minister of Communications and Mass Media, Nikolay Nikiforov, said at a closed meeting […]

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October 16, 2017 0