Venezuelan Cryptocurrency Petro Gets An Illegal Status From the Country’s Lawmakers

The main objective behind Petro is to prevent the country's economy from the impact of America and to prevent it from going into these states of unrest. It is supported by the country, which has oil reserves and other things like gold, gas and diamonds. In view of the unprecedented increase in the popularity of this cryptocurrencies, the President has adopted the state-owned cryptocurrencies gourmet, and it is called petro and Venezuela's President Nicolas Maduro works as a result of the increase in sanctions imposed by the United States. There are financial blockades to dismiss these.