Venezuela Launches Official Cryptocurrency to Boost Its Economy
Starting February 20 Venezuela launches its own cryptocurrency called Petro and ICO. President of the country Nicolas Maduro brought the launch of the Petro to public notice in December. Maduro announced that each unit of the Petro currency’s value will be backed by one barrel of the oil-rich nation’s petroleum.
Google Was Asked to Ban Ads on Cryptocurrencies
Google was asked to prohibit all ads for binary options, cryptocurrencies and initial coin offerings by Canadian and US law enforcement. As Facebook announced their banning of all advertisements concerning crypto trading last week, Google is expected to follow Facebook’s example.