Trump ordered to impose sanctions on Venezuela’s “oil” cryptocurrency
US President Donald Trump Signs Executive Order Imposing New Sanctions on Venezuela due to its controversial petro cryptocurrency.
how reports edition McClatchy DC, formerly US president warned he was preparing subscribe order, imposing to a South American country new sanctions for its attempts to circumvent already existing economic restrictions. On Monday, the White House announced that Trump had signed an executive order blocking any transactions using “petro”.
So way, last the Trump administration’s move did not come as a surprise. Previously Senators Bob Menendez, Marco Rubio and Bill Nelson sent letters to Treasury USA, in which asked question, how is the department going to protect American investors and prevent Venezuela from attracting additional funds.
The US Treasury Department has not yet responded to these inquiries, but has warned that Americans who bought Venezuelan tokens, also may fall under sanctions. Menendez’s staff later confirmed that is he continues to try to get an answer from ministries of finance.
“Oil” cryptocurrency Venezuela was also criticized by its own citizens. For example, the local parliament called it “illegal” and unconstitutional.