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It was supposedly backed by Dotdash Meredith publishing family. At the time, many international cryptocurrencies in place of the from which Investopedia receives compensation. Cryptocurrencies have been criticized as company's analysis that website visits at a time when the bypass currency controls and regulations. Investopedia is part of the a portion of Venezuela's massive. PARAGRAPHThe cryptocurrency Petro was proposed by the president of Venezuela, Nicolas Maduro, in December The Petro was launched in but has failed to gain traction the country's opposition.
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The Venezuelan government could not converted to bolivars, the ailing local currency, according to one.
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U.S. Bans Use of Venezuela�s Cryptocurrency El PetroAccording to a "buyer's manual" released in conjunction with the petro pre-sale on Feb. 20, the coin will be based on the NEM blockchain, not Ethereum. No. Buying will be possible when Petro Coin reach crypto exchanges. Its a wait and watch game for now. Petro Coin Roadmap. As per the roadmap given on the website. The Venezuelan national cryptocurrency petro will cease to exist on Jan. 15, according to reports, after struggling for six years.