
“The oil-rich nation plans to pay public workers in the digital token and to use tax incentives to encourage its use. While the petro would be backed by one barrel of Venezuelan crude, the coins can’t be exchanged for the actual oil.”
Related posts:
Deputy facing charges of sexploitation in critical condition after fiery crash
Twitter flash crash: Fake White House bomb report causes stock market panic
Champlin couple get $90,000 after police steal shoes off their porch
Moody's: 'Strategic Default' Viewed as Less Taboo by Cities
Phila Police Officer Charged After Randomly Firing Shots At Building
Japan approves £73bn stimulus package
Bitcoin Judged Commodity in Finland After Failing Money Test
More child sex charges for Mille Lacs County Sheriff’s Deputy
Former Newark Airport TSA screener says the job does little to keep fliers safe
Why Europe’s most powerful man got covered in confetti
Australia Bans Cash For All Purchases Over $7,500
Assad did not order Syria chemical weapons attack, says German press
Tax havens explained: How the rich hide money
Wealthy Chinese gobbling up Silicon Valley homes
A Citizens Protest Movement Builds in Kuwait