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Venezuelan Finance Minister Simon Zerpa suggested that the petro will will play in the development sanctions imposed on the country.
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Money Talks: Russia and Venezuela to launch cryptocurrenciesEvrofinance Mosnarbank has emerged as the only international financial institution so far willing to defy a U.S. campaign to derail the world's. Russian government officials and businessmen helped Venezuela launch the world's first state-issued cryptocurrency last month. Move appears to defy US campaign to derail world's first state-backed digital currency, even before it begins to function.
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