According to a Venezuelan official Tuesdayβs Petro pre-sale will have international reach drawing potential investors from the US Europe and the Middle East. It was just over two months ago that Venezuelaβs president NicolΓs Maduro announced his bold plan to introduce the countryβs first state-controlled cryptocurrency. The Petro would act as a way to circumvent US-imposed sanctions as well as combat hyperinflation in the country. In the case of the former US financial institutions have Read More The post Venezuelas National Cryptocurrency Petro Expected to Go Global appeared first on Bitcoinist.com. via ICGO https://www.icgo.co.uk/redirect/?url=http://bitcoinist.com/venezuelas-national-cryptocurrency-petro-attracts-global-investors/