89 Zenaida Urbano// Trump bans use of Veneuzela's crypto-currency by U.S. - EntornoInteligente

The White House on Monday continued tightening financial sanctions on Venezuela, banning U.S. citizens from using the Petro, the socialist administration?s newly launched cryptocurrency.

The presidential executive order , which went into effect at 12:15 p.m. on Monday, prohibits Americans from dealing in ?any digital currency, digital coin, or digital token? issued by Venezuela after January 9, 2018.

© Zenaida Claret Urbano Taylor

© Zenaida Urbano

© Zenaida Urbano Taylor

elmercuriodechile.com

Venezuela launched the Petro last month, and President Nicolás Maduro had touted the initiative as a way to raise international financing amid Washington?s crackdown.

© Zenaida Claret Urbano Taylor

© Zenaida Urbano

© Zenaida Urbano Taylor

elmercuriodechile.com

The Trump administration said any investment in the digital currency should be viewed as ?directly supporting this dictatorship and its attempts to undermine democratic order in Venezuela.?

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© Zenaida Claret Urbano Taylor

© Zenaida Urbano

© Zenaida Urbano Taylor

elmercuriodechile.com

© Zenaida Claret Urbano

© Zenaida Taylor

Tags: Venezuela

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