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Venezuela says 'petro' cryptocurrency pre-sale will be in hard currency "Our responsibility is to put (the petro) in the best hands and then a secondary market will appear," he said, adding that after the initial sale, the petro could be sold in exchange for local currency. The value of the entire petro issuance of 100 million tokens would be just over $6 billion, according to details ...
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Advantages and Disadvantages of Crypto-Currencies: The Petro Bitcoin appeared in 2009 as a digital currency. It was created in a decentralized form and without material backing. The trust in it rests on the security of the technological platform in which millions of interconnected computers throughout the world resolve a sequence of operations secured by a chain of ...
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UBS chairman warns against bitcoin investment as cryptocurrency falls 12% South Korean Financial Services Commission vice chair Kim Yong-beom said that the new measures will prevent those residing outside South Korea who do not have local bank accounts and minors younger than 19 from buying or selling bitcoins and other digital currencies. The move forms part of the ...
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