Maduro surprised many earlier this month when he announced the "petro" cryptocurrency, to be backed by OPEC member Venezuela's oil, gas, gold and diamond reserves.
CARACAS: Venezuela's cryptocurrency will launch within days and be backed by 5.3 billion barrels of oil worth US$267bil (RMtril), in a bid to offset a deep financial crisis, the socialist government said on Thursday.
President Nicolas Maduro surprised many earlier this month when he announced the "petro" cryptocurrency, to be backed by OPEC member Venezuela's oil, gas, gold and diamond reserves.
