A Complete Guide to Petro - Venezuela’s Cryptocurrency Driven Attempt to Attain An Edge

A Complete Guide to Petro - Venezuela’s Cryptocurrency Driven Attempt to Attain An Edge

The Venezuelan cryptocurrency is a question mark, an oddity, a riddle wrapped up in an enigma. Up to this day virtually every article about it, and there are a lot, refers to the Petro’s mysterious quality in one way or another. Maybe they’re covering their bases and I probably am too, but that doesn’t make the Petro any less mysterious. Or controversial. Or prohibited by Trump, who via an executive order dated March 19, 2018 declared: “ All transactions related to, provision of financing for, and other dealings in, by a United States person or within the United States, any digital currency, digital coin, or digital token, that was issued by, for, or on behalf of the Government of Venezuela on or after January 9, 2018, are prohibited as of the effective date of this order. ”