Venezuela Moves Oil Sales to Tether (USDT) Amid US Sanctions
As per the latest report, Venezuela’s state-run oil company PDVSA has stepped up measures to increase the use of digital currencies and stablecoins like…
Source: biztoc.com
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Venezuela to Use Tether (USDT) to Evade US Sanctions
Venezuela’s state-run oil company PDVSA is pivoting to cryptocurrency, specifically Tether (USDT), to circumvent renewed US sanctions. This strategic shift…
Source: biztoc.com
US Arrests PDVSA Official Linked With Sanctions Evasion Scheme
US authorities on April 19 arrested George Semerene, an official at state oil company Petroleos de Venezuela, in connection with a sanctions evasion scheme, the Justice Department said Monday in a statement.
Source: bloomberglaw.com
Venezuela Looks to Tether to Bypass Sanctions: Reuters
Venezuela is using USDT to bypass sanctions, Reuters reported.This is the country's second experiment with crypto as a means to bypass sanctions.V...
Source: businessinsider.com
Venezuela Embraces Cryptocurrency for Oil Exports to Circumvent US Sanctions
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Source: econotimes.com