The new unilateral sanctions are framed in the 2015 Executive Order, which qualifies Venezuela as a "threat" to the United States.
The Government of the President of the United States (USA), Donald Trump, implemented on Monday new sanctions against Venezuela, this time aimed at restricting US financial transactions involving the crypto currency Petro.
The new unilateral sanctions are framed in the 2015 Executive Order, which qualifies Venezuela as a "threat" to the United States. The Government of the President of the United States (USA), Donald Trump, implemented on Monday new sanctions against Venezuela, this time aimed at restricting US financial transactions involving the cryptocurrency Petro. The restrictive measures against Petro are part of a new Executive Order against Venezuela, within the framework of Executive Order 13692 signed on March 8, 2015 and also based on that of August 24, 2017. "The Executive Order prohibits, as of its effective date, all transactions related to the provision of financing and other negotiations in the United States, by an American or within the country, of any digital currency or digital token, issued by, for or on behalf of the Government of Venezuela as of January 9, 2018 ", indicates the text published on the website whitehouse.gov.
"I have authorized the Secretary of the Treasury, in consultation with the Secretary of State, to take such measures, including the promulgation of rules and regulations, and the use of all powers granted to the president by IEEPA, as necessary to carry out the purposes of the Executive Order ", details the text of the White House. The crypto currency Petro was officially launched in February this year and already exceeds $ 1 billion in offers. Petro is backed by the country's oil reserves. Since its creation, several nations have expressed interest in the purchase and exchange of the cryptocurrency, such as Colombia, China, Japan, Brazil, Spain, Turkey, Palestine, St. Vincent and Singapore. The Venezuelan cryptocurrency was presented by President Nicolás Maduro to counter the financial blockade imposed against the South American nation. and its regional allies.
