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Exclusive: Venezuela to accelerate cryptocurrency shift as oil sanctions return

Tuesday, April 23, 2024   (0 Comments)
Posted by: Annie Nguyen

Exclusive: Venezuela to accelerate cryptocurrency shift as oil sanctions return

 

HOUSTON/CARACAS, April 22 (Reuters) - Venezuela's state-run oil company PDVSA plans to increase digital currency usage in its crude and fuel exports as the U.S. reimposes oil sanctions on the country, three people familiar with the plan said.

The U.S. Treasury Department last week gave...

 

https://www.reuters.com/business/finance/venezuela-accelerate-cryptocurrency-shift-oil-sanctions-return-2024-04-22/

 

 


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