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August 5, 2026
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Russia ‘Secretly’ Helped Venezuela Launch State Crypto Petro: Report

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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 … Continued

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

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