A Russian official claims that his country never partnered with Venezuela on the Petro, Venezuela’s national cryptocurrency, Russia’s news source Tass reported on Friday. The Petro marks the world’s first state cryptocurrency. Artyom Kozhin, d...

What happened in crypto this week? Price Watch Bitcoin is up 16% this week to $9,000. This comes as part of an increase across the entire cryptocurrency market. It’s also likely the result of higher trading volumes. Fundstrat’s Thomas Lee mad...

Venezuelan President Nicolás Maduro claimed the pre-sale of the country’s oil-backed cryptocurrency, the Petro (PTR), has raised $5 billion and recorded over 186,000 certified purchases, according to local news source TeleSUR. The announcement ...

According to Bloomberg News, Venezuela plans on bolstering its Petro cryptocurrency by accepting it as a form of payment for fees and taxes, using it in international business, and encouraging its use through tax incentives.. The plan will also...