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President: Digital currency puts Venezuela on tech vanguard Venezuela's President Nicolas Maduro gives a press conference at Miraflores presidential palace in Caracas, Venezuela. Cash-strapped Venezuela on Tuesday became the first country to launch its own version of bitcoin, a move Maduro celebrated as putting his country on the world's technological ...
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Venezuela's crypto-currency reeks of snake oil WASHINGTON/NEW YORK, Feb 21 (Reuters Breakingviews) - Venezuela's new crypto-currency, the petro, exudes more than a whiff of snake oil. President Nicolas Maduro's cash-strapped, increasingly autocratic government launched the oil-backed virtual coinage on Tuesday. Investing in it is ...
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Tehran Currency Market: USD Bearish as CBI Measures Sink In After weeks of wild rallying, the US dollar has lost its bullish momentum in Tehran's foreign exchange market as the Central Bank of Iran's rescue package appealed to investors anxious about a slide in the value of rial. According to market reports, the rial continued to gain against the greenback on ...
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Iran announce bid to create own digital currency Iran says it is preparing to launch its own digital currency in a move that many believe can help reduce the country's vulnerability to the impacts of US-led sanctions. Iran's Minister of Information and Communications Technology Mohammad Azari Jahromi was quoted by the domestic media as saying that ...
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