U.S. Senators writes to Treasury Department over Petro Launch

Cryptocurrency News

The U.S. Senators Macro Rubio and Robert Menendez had asked how the Treasury Department had been observing the launch of Petro which was emphasized to aid the country to avoid global financial sanctions. They wrote to the U.S. Treasury Secretary, regardless of Petro launch, “It is imperative that the U.S. Treasury Department is equipped with tools and enforcement mechanisms to combat the use of cryptocurrency to evade U.S. sanctions.”

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