Brookings: Venezuela’s Petro Undermines Legitimate Cryptocurrencies

Brookings Institute analysts recently argued that Venezuela’s oil-backed cryptocurrency, the Petro (PTR), is likelier to harm legitimate cryptocurrencies like Bitcoin and Ethereum, than it is o help Venezuelan’s escape the recession the country is currently enduring. Through an article published on its website, the think tank first noted that Venezuelan President Nicolás Maduro claims the The post Brookings: Venezuela’s Petro Undermines Legitimate Cryptocurrencies appeared first on CCN

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