Venezuela to Present Petro Crypto to OPEC as a Unit of Oil42.41

The Venezuelan government is reportedly going to present its oil-backed cryptocurrency, the Petro, to the Organization of Petroleum Exporting Countries (OPEC) as a unit of account for oil. According to local news outlet Telesur, the country’s petroleum minister and the president of state-run oil and natural gas company PDVSA, Manuel Quevedo, stated that Petro transactions

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https://www.ccn.com/venezuela-to-present-petro-crypto-to-opec-as-a-unit-of-oil/

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