https://www.theregister.co.uk/2018/02/22/venuzuela_cryptocurrency_petro/

Venezuela has launched what it claims is "the first State-issued cryptoasset" and asserts it will fix long-standing problems caused by the USA's 1933 abandonment of the gold standard and restore order to the world economy.

The "Petro" has also been given the job of realising a "vision of turning the country into a blockchain-based solutions development hub for emerging economies."