Oil Producers Turning to Crypto to Solve Sanctions Problems

Last week, Venezuela announced it would develop a national cryptocurrency backed by its oil reserves, the Petro.  Now there is a report that Russia is considering the same thing.  Iran will likely follow suit. As of right now this is just a rumor, but it makes some sense.  So, let’s treat this rumor as fact … Continue reading Oil Producers Turning to Crypto to Solve Sanctions Problems