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In January, the Venezuelan government released a curious white paper detailing plans for the world's first government-sponsored cryptocurrency called petro, which would be backed by the country's oil reserves. Now the idea is coming to life—and it's confusing. After launching a presale for the tokens ... from Google Alert - cryptocurrency http://ift.tt/2GE7G4F via IFTTT http://ift.tt/eA8V8J

According to local news resource Iran Front Page, the Central Bank of Iran says it has never recognized bitcoin or any other cryptocurrency as an official currency in the country. The central bank warned investors that they “may lose their financial assets” in crypto-related investments due to market ... from Google Alert - cryptocurrency http://ift.tt/2HFV12m via IFTTT http://ift.tt/eA8V8J