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October 1, 2026
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Venezuela to Use Petro Cryptocurrency in International Oil Trade

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Venezuela to Use Petro Cryptocurrency in International Oil Trade
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The government of Venezuela recently announced the intended sale of its oil using the Petro cryptocurrency to circumvent U.S economic sanctions come 2019. Circumventing U.S. Sanctions According to Venezuela-based satellite tv, TeleSUR, Venezuelan President, Nicolas Maduro announced that country would create a basket of cryptocurrency for oil-backed state cryptocurrency, Petro. The sale of oil using […]Venezuela to use petro cryptocurrency in international oil trade

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