Tag: Venezuela US Sanctions

Venezuela launches petro cryptocurrency | Money Talks

Venezuela launches petro cryptocurrency | Money Talks

Venezuela has launched a new digital currency, it’s called the Petro. Some analysts are calling it an ingenious plan to counter US sanctions. Others say it is a desperate move to secure cash in the midst of an economic meltdown. Juan Carlos Lamas reports from Caracas and Gabriel Giannitsopulos, Founder of Monkey Coin, joins us…