Posts by Uriel A. MendietaPartnerUriel’s practice focuses on domestic and cross-border financing and corporate transactions, including mergers and acquisitions, structured finance, and infrastructure projects. Uriel has represented project sponsors ...
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On October 2, 2018, Venezuelan President Nicolas Maduro appeared on national television and announced the official launch of the Venezuelan Petro cryptocurrency. First announced in December 2017, and purportedly backed by the country’s oil and mineral reserves, the Petro is intended to supplement Venezuela’s national currency, the bolívar, which has depreciated at an exorbitant rate in the past year. The International Monetary Fund has predicted that inflation in the country will reach 1 million percent.
The Hunton Andrews Kurth Blockchain Blog features opinions and legal analysis as we follow the development and use of distributed ledger technology known as the blockchain.
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- Uriel A. Mendieta
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- Caitlin A. Scipioni