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Venezuela’s State-Backed Petro Coin Rakes in $3.3Bln; Iran and Turkey To Launch National Cryptocurrency

Cryptocurrency Market Rebounds But Faces Resistance to Breach $10K; NASDAQ Might Trade Digital Coins April 27, 2018 (BE2C2): A presale of Venezuela’s state-backed digital currency called Petro coin has raked in $3.3 billion, President Nicolas Maduro said. Maduro said in a statement on Thursday the proceeds would be transferred to the central bank to be auctioned off via foreign exchange platform DICOM, according to the AVN news agency. The cash-strapped South American nation launched the presale of its oil-backed cryptocurrency on February 20. Maduro plans that the central bank willRead More