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_____ Officially Launched Its Own Oil-backed Cryptocurrency Called Petro. -

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Question

_____ officially launched its own oil-backed cryptocurrency called Petro.

Options

  • China

  • Senegal

  • Venezuela

  • Singapore

MCQ

Solution

Venezuela

Explanation:

Venezuela becomes the first sovereign country to officially launch its own cryptocurrency called Petro backed by oil, gas, gold, and diamond reserves to circumvent USled financial sanctions.  

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International Event (Entrance Exam)
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