Venezuelan President Nicolas Maduro has announced the creation of a new virtual currency in a bid to ease the country's economic crisis. What is its name?
Petro
Venezuelan President Nicolas Maduro has announced the creation of a new virtual currency named 'Petro' in a bid to ease the country's economic crisis. Crypto Currencies or Virtual Currencies are a type of unregulated digital money that is neither issued by central bank/public authority nor is necessarily attached to fiat currency but is used and accepted among the members of the specific virtual community.