Nicolas Maduro is a Venezuelan politician, who has been president of Venezuela since 2013. He was previously minister of foreign affairs under former president Hugo Chavez. Maduro is often accused of being a dictator.
Investors have purchased some $735 million worth of Venezuela’s oil-backed cryptocurrency on the very first day of pre-sale, according to President Nicolas Maduro, who praised it as means of breaching the US financial blockade.
Venezuelan President Nicolas Maduro has proposed holding talks with his US counterpart Donald Trump. Maduro extended the olive branch to Trump on Twitter, the US president’s favorite social media site.
President of Venezuela Nicolas Maduro wants the world’s major oil producers to create a mechanism for issuing cryptocurrencies. Caracas is about to start the pre-sale of its own oil-backed digital currency, the petro.
Venezuela’s leader Nicolas Maduro has invited members of the regional ALBA-TCP bloc to join him in launching a new cryptocurrency. Named petro, the cryptocurrency will be backed by the country’s oil, gas, gold and diamond riches.