Venezuela is intensifying its use of cryptocurrencies for oil exports in response to re-imposed U.S. sanctions. U.S. Treasury has ceased a general license for PDVSA’s trading, requiring transactions to end by May 31 unless specific authorizations are obtained.
Venezuela is intensifying its use of cryptocurrencies for oil exports in response to re-imposed U.S. sanctions. U.S. Treasury has ceased a general license for PDVSA’s trading, requiring transactions to end by May 31 unless specific authorizations are obtained.
https://www.cryptopolitan.com/venezuela-start-using-crypto-for-oil-trades/