Bitfinex the largest cryptocurrency exchange has issued a statement today regarding its restriction of Venezuelas state-issued Petro Token (PTR). Bitfinex has No Love for Petro Near the middle of February the government of rapidly-declining socialist country Venezuela launched Petro the worldβs first state-issued cryptocurrency. The cryptocurrency is purportedly backed by the oil-rich South American countrys oil reserves but many view the project as little more than an attempt at circumventing US-imposed economic sanctions. One Read More The post Bitfinex Bans Venezuelas Petro Token appeared first on Bitcoinist.com. via ICGO https://www.icgo.co.uk/redirect/?url=http://bitcoinist.com/bitfinex-bans-venezuelas-petro-token/