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Petro price booms as Venezuelan President announces new peg at 9,000 bolivares
Last week, Nicolas Pedro, the President of Venezuela reportedly announced that the price of the country’s very own cryptocurrency, Petro has more than doubled, currently valuing at about 9,000 from an earlier peg of $3,600 sovereign bolivar. The Venezuelan leader established the relation of Petro with the national currency of his land earlier this year, in August, wherein he had declared the price of Petro at 3,600 sovereign Bolivars. As reported by Bitcoin.com, the wallet for the cryptocurrency is not available as of now. However, the central government has been selling, as well as issuing certificates for the ... (full story)