Venezuela Launches ‘Petro’ Cryptocurrency

The following video is brought to you courtesy of the RT America YouTube Channel. Click the video below to watch it now.

Anya Parampil breaks down Venezuela’s announcement Monday that it launched a digital cryptocurrency tied to the country’s massive oil and mineral reserves. RT Producer, Kei Pritsker, joins the show to tell us how the ‘Petro’ works and how it can help “neutralize” money mafias in Venezuela, which the state blames for the country’s economic woes.

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