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Asia Times

Asia Times

Covering geo-political news and current affairs across Asia

Tag: Petro

رجل يقوم بتبديل ريالات إيرانية ودولارات أمريكية في مركز صرافة في طهران في أغسطس 2018. صورة: AFP / Atta Kenare
Posted inEuropean Union, Iran, Middle East, World

Goldman Sachs say no to Bitcoin while Tehran says yes

by Richard Cook September 6, 2018February 18, 2020

Bitcoin, after steadily rising over the last few weeks, has suffered a sudden and sharp drop in most global markets and has lost more than 10% of its value over the last 24 hours. But not, apparently, in Iran. The Bitcoin slide that started on Wednesday – and has been seen in exchanges across the […]

President Maduro launched his Petro crypto coin in late 2017 with the aim of circumventing US trade sanctions and easing the pressure on the ever-sliding bolivar. Photo: Reuters / Carlos Garcia Rawlins
Posted inFrance, World

Crypto solution provides little for troubled Venezuelans

by Richard Cook August 23, 2018February 18, 2020
According to the US Treasury Department, Iran has now been cut off from the SWIFT financial messaging system.  Photo: iStock
Posted inIran, Middle East, Pakistan, South Asia, World

Iran to launch state-backed crypto to sidestep US sanctions

by Pete Sabine July 27, 2018February 18, 2020
A man counts Venezuelan bolivar notes in downtown Caracas in January. Photo: Reuters/Marco Bello
Posted inRussia, World

Drowning or waving? Maduro’s Petro turns to the high seas

by Asia Times staff April 5, 2018February 18, 2020
A man counts Venezuelan bolivar notes in downtown Caracas in January. Photo: Reuters/Marco Bello
Posted inChina, World

Trump outlaws Venezuela’s state-backed Petro token

by Asia Times staff March 20, 2018February 18, 2020

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