Trump issues action blocking Venezuela cryptocurrencies within US

ArticleCurrencyMarch 20, 2018 - 4:04:27 AM

Trump's executive order bans any transactions within the United States involving digital coins issued by the Venezuelan government.

President Donald Trump issued an executive order Monday banning any transactions within the United States involving any digital currency issued by, for, or on behalf of the Government of Venezuela.

The order applies to U.S. citizens as well as anyone within the United States, and includes cryptocurrency issued on or after January 9.

President Trump's order is in response to recent attempts by Venezuelan President Nicolas Maduro's regime to "circumvent U.S. sanctions by issuing a digital currency," the White House said in a statement...

Source: cnbc.com