Venezuelan Government Uses Petro Cryptocurrency to Evade International Sanctions, Warn Activists

Venezuelan political critics and activists have warned that President Nicolás Maduro and his government are increasingly turning to cryptocurrency transactions as a method to evade international sanctions. This follows the U.S. reinstating gold and oil sanctions recently, following Maduro’s failure to honor an agreement to ensure fair elections scheduled for July. Andrew Fierman, head of

Source: CoinOtag