Will Venezuela launch a cryptocurrrency?

President Nicolas Maduro said on Sunday that Venezuela will launch a cryptocurrency to combat what the leftist leader says is a financial “blockade” against the crisis-hit nation spurred by U.S. sanctions.

Maduro said the OPEC member’s new currency, “petro,” will be backed by natural resources reserves although he did not provide details on the logistics of its roll-out.

Here is the link, no additional text, believe what you wish!  For the pointer I thank M.  Do any of you have a more detailed Spanish-language source?


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