Venezuela to launch “Petro” cryptocurrency

By Mike “Mish Shedlock With Venezuela in default as well as hyperinflation, president Maduro vows to fight a US “blockade” with the “Petro”. Reuters reports Venezuela to launch cryptocurrency to fight ‘blockade’: Maduro. President Nicolas Maduro said on Sunday that Venezuela will launch a cryptocurrency to combat what the leftist leader says is a financial “blockade”…