Initial Price of Venezuela’s Oil-Backed National Cryptocurrency Revealed
![](https://1newsday.com/wp-content/uploads/2018/02/3c6ad53d13bc8e7d760b375c886e4275.jpg)
MEXICO CITY (Sputnik) – Venezuelan authorities plan to set the initial price of their national cryptocurrency at $60 per one Petro, local media reported, citing the parameters of the new currency’s circulation. Caracas has decided to set such price taking into account…