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What is petro coin? petro coin news, petro coin meaning, petro coin definition - Blockchain.News
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petro coin

Venezuela to Offer Christmas Bonus in Petro Coin to Retirees and Pensioners
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Venezuela to Offer Christmas Bonus in Petro Coin to Retirees and Pensioners

Since the launch of Petro, Venezuela's cryptocurrency in February 2018, the government has been trying to expand its use case across almost every activity in the country. To this effect, a tweet from a local news outlet, Venepress, claimed that Venezuela Government would give its Christmas bonus to retirees and pensioners in its cryptocurrency, Petro.

Venezuelans Will Love Bitcoin Even More with 10,000,000% Inflation
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Venezuelans Will Love Bitcoin Even More with 10,000,000% Inflation

Bitcoin's trading volume has set a record high in Venezuela, thanks to the 10,000,000% inflation rate in 2019.

US Government Offers $5 Million Reward for the Arrest of Venezuela’s Head of Petro Cryptocurrency
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US Government Offers $5 Million Reward for the Arrest of Venezuela’s Head of Petro Cryptocurrency

US Immigration and Customs Enforcement (ICE) has added Venezuela’s head of Petro cryptocurrency agency, Joselit Ramirez, to its most wanted person’s list. The US government seeks to offer a $5 million reward for information leading to Ramirez’s arrest.

Venezuelan President Nicolas Maduro Leverages Coronavirus Pandemic for National Petro Adoption
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Venezuelan President Nicolas Maduro Leverages Coronavirus Pandemic for National Petro Adoption

Venezuela’s president, Nicolas Maduro has announced a new campaign aiming to help the medical staff in his nation by airdropping one Petro to each actively working doctor amid the coronavirus pandemic.

Venezuela Wants Citizens to Pay Taxes in State-Issued Petro Cryptocurrency
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Venezuela Wants Citizens to Pay Taxes in State-Issued Petro Cryptocurrency

Venezuela is moving on a mandate that could see taxes being collected using its state-issued cryptocurrency—the oil-backed Petro. The effort is part of a nation-wide campaign to create mainstream use cases for Venezuela’s cryptocurrency.

Why Did John McAfee Abandon His Ghost Privacy Coin Project?
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Why Did John McAfee Abandon His Ghost Privacy Coin Project?

Crypto advocate and technology pioneer John McAfee recently announced on Twitter that he has abandoned his Ghost privacy coin project.

KPMG Partners with Coin Metrics to Boost Institutional Crypto Adoption
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KPMG Partners with Coin Metrics to Boost Institutional Crypto Adoption

KPMG has teamed up with Coin Metrics to enhance institutional adoption of blockchain and cryptoassets offering proprietary analytics, trusted data & insights.

Kraken Donates $100K to Cryptocurrency Think Tank Coin Center, Following Grayscale’s Footsteps
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Kraken Donates $100K to Cryptocurrency Think Tank Coin Center, Following Grayscale’s Footsteps

Kraken crypto exchange has applauded Coin Center for the crypto research institute has played in furthering the cryptocurrency industry.

Reasons Behind the Success of the Binance Coin
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Reasons Behind the Success of the Binance Coin

Since the beginning of 2019, Binance Coin (BNB) has been at the top of the list of popular cryptocurrencies, increasing in price by more than 200% in three months. This year, the token exceeded the performance of bitcoins (38.9%), Ethereum (30.7%), Litecoin (187.8%) and almost all other cryptocurrencies.

The Electric Coin Company Officially Passes Zcash Trademark to Zcash Foundation
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The Electric Coin Company Officially Passes Zcash Trademark to Zcash Foundation

The Electric Coin Company (ECC) stated that it is officially passing the Zcash trademark registration and protection to the Zcash Foundation by signing a contract.

J.P. Morgan Creates Onyx Blockchain Unit As JPM Coin Leveraged for Cross-Border Payments
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J.P. Morgan Creates Onyx Blockchain Unit As JPM Coin Leveraged for Cross-Border Payments

JPMorgan Chase has set the ball rolling by deploying its digital currency, the JPM Coin, for commercial purposes creating a new blockchain business unit dubbed Onyx.

Chainalysis: Venezuela’s State-Owned Crypto Exchange Possibly Used by Maduro Regime to Launder Funds
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Chainalysis: Venezuela’s State-Owned Crypto Exchange Possibly Used by Maduro Regime to Launder Funds

Blockchain analysis company Chainalysis wanted to find out whether the claims of whether Petro aiding Venezuelans are true.

OCC’s Brian Brooks Proposes ‘Country Coin’ Crypto Scheme to Close Global Wealth Gap
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OCC’s Brian Brooks Proposes ‘Country Coin’ Crypto Scheme to Close Global Wealth Gap

Brian Brooks, the acting Comptroller of the Currency, has a big crypto proposal to close the wealth gap between developing and developed nations - it's called “country coin.”

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