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Dec 29, 2017 Earlier this month, Venezuela's President Nicolas Maduro shocked both analysts who follow the country's flirting with default and the cryptocurrency community by announcing that Venezuela wanted to launch the petro cryptocurrency, backed by oil, diamonds and gold reserves, to help the country to 

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1 day ago Australia's biggest precious metal refinery, Perth Mint, is developing its own cryptocurrency backed by physical commodities like gold. It expects to bring investors back to the traditional market of precious metals.