First U.S. cryptocurrency ban outlaws Venezuela’s ‘Petro’ coin

Posted on Mar 19, 2018

First U.S. cryptocurrency ban outlaws Venezuela’s ‘Petro’ coin

The U.S. executive branchissued an executive order prohibiting the use or purchase of Venezuela’s Petro cryptocurrency, claiming the currency was issued unlawfully in an effort to circumvent U.S. sanctions against Venezuela, and in particular the President Nicolás Maduro’s regime.

Source: digitaltrends.com