Venezuela ’s Oil Exports Turn to Cryptocurrency to Dodge Sanctions

As a response to the renewed U.S. sanctions, Venezuela has intensified the use of digital currencies in oil transactions. PDVSA, the state oil company of the country, has been integrating cryptocurrency into its payment options for crude oil and fuel exports more and more in recent years with the…#venezuela #digitalcurrency #ustreasury #tether #alexbarnicoat #pdvsa #venezuelan #pedrotellechea #ledgerrollout #dodgesanctions
Source: Reuters: Health - Category: Consumer Health News Source Type: news