Venezuela’s Petro “May Help the Global Currency System”: Chinese Credit Rating Giant

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The post Venezuela’s Petro “May Help the Global Currency System”: Chinese Credit Rating Giant appeared first on CCN

Dagong Global Credit Rating, one of China’s biggest credit rating agencies, recently published a report commenting on Venezuela’s oil-backed cryptocurrency, the Petro (PTR). Per the report, the cryptocurrency “may help the global currency system return to its basic value.” While the agency doesn’t assert whether the Petro can help Venezuela’s economy, it points out the

The post Venezuela’s Petro “May Help the Global Currency System”: Chinese Credit Rating Giant appeared first on CCN

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