Aljazeera.com | Maduro to pitch oil-backed cryptocurrency petro to OPEC Aljazeera.com Nicolas Maduro has proposed an oil-backed "joint cryptocurrency mechanism" within OPEC to support Venezuela's new, state-backed virtual currency - the "petro". The Venezuelan president is expected to encourage members and non-member states of the ... Venezuela Invites OPEC Countries to Jointly Develop Oil-Backed Crypto Platform |