Home / Altcoin News / Russia ‘Secretly’ Helped Venezuela Launch State Crypto Petro: Report

Russia ‘Secretly’ Helped Venezuela Launch State Crypto Petro: Report

Venezuela’s oil-backed cryptocurrency, the Petro, was the work of a joint collaboration between Venezuelan and Russian government officials with Putin’s personal approval, Time Magazine said Tuesday. Citing anonymous sources close to the ‘half-hidden joint venture’ between Venezuelan and Russian officials, Time Magazine is reporting that Russian president Vladimir Putin signed off on Kremlin aiding Venezuela

The post Russia ‘Secretly’ Helped Venezuela Launch State Crypto Petro: Report appeared first on CCN

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