By CryptoNews - 9 months ago - Reading Time: 1 minutes
Sun Sets on Venezuela’s Petro – Is the State-backed Crypto Now ‘Dead?’
The sun may have set on Venezuela’s crypto dream, experts say – with some claiming that the nation’s oil-pegged Petro coin may be “dead.”The coin was launched in October 2018, and made headlines when its masterminds claimed it was the first state-backed cryptoasset.
The government said that the coin was backed by oil, albeit reserves that had yet to be drilled....
Read More: Sun Sets on Venezuela’s Petro – Is the State-backed Crypto Now ‘Dead?’
Original source: CryptoNews