Bill to tighten sanctions on Petro

Bill to tighten sanctions on Petro

The U.S. senators eye on tightening sanctions in connection with the Petro, Venezuela’s national cryptocurrency. The bill called the Venezuela Humanitarian Relief, Reconstruction and Rule of Law Act of 2018 has been put forward. When the bill becomes effective, it would feature two components. One among them would be the use of crypto to evade U.S. sanctions.

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