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posted by mrpg on Wednesday March 21 2018, @04:11AM   Printer-friendly
from the ¿y-ahora-que? dept.

U.S. bans transactions with Venezuela's digital currency

President Donald Trump on Monday signed an executive order barring any U.S.-based financial transactions involving Venezuela's new petro cryptocurrency, as U.S. officials warned that it was a "scam" by President Nicolas Maduro's government to further undermine democracy in the OPEC country.

"The 'petro' is a desperate effort by a corrupt regime to defraud international investors," a senior U.S. administration official told reporters, strongly warning that any transactions in the petro digital currency would violate U.S. sanctions. "Investing in the 'petro' should be viewed as directly supporting this dictatorship and its attempts to undermine the democratic order in Venezuela," the official added.

Trump's order bars "all transactions related to, provision of financing for, and other dealings in, by a United States person or within the United States, any digital currency, digital coin, or digital token," issued by Venezuela's government since Jan. 9, the White House said in a statement.

Also at the New York Times.

Previously: Enter the "Petro": Venezuela to Launch Oil-Backed Cryptocurrency


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  • (Score: 0) by Anonymous Coward on Wednesday March 21 2018, @06:33AM (3 children)

    by Anonymous Coward on Wednesday March 21 2018, @06:33AM (#655941)

    Showing user name #s is the best thing ever, nothing screams "troll account!" like a high # profile spewing the typical garbage.

    Maybe they are someone new, but the point still stands. Garbage is the same whether its now or tomorrow.

  • (Score: 4, Touché) by Fluffeh on Wednesday March 21 2018, @08:03AM (2 children)

    by Fluffeh (954) Subscriber Badge on Wednesday March 21 2018, @08:03AM (#655979) Journal

    Posting with a high UID is still better than posting Anon Cow though... Just sayin'

    • (Score: 0) by Anonymous Coward on Wednesday March 21 2018, @03:06PM (1 child)

      by Anonymous Coward on Wednesday March 21 2018, @03:06PM (#656124)

      I used to think so as well, then it hit me that comments should stand on their own. Account names just enable the standard human social categorization, and any troll can create fake accounts.

      • (Score: 0) by Anonymous Coward on Thursday March 22 2018, @01:12AM

        by Anonymous Coward on Thursday March 22 2018, @01:12AM (#656415)

        I used to think so as well, then it hit me that comments should stand on their own. Account names just enable the standard human social categorization, and any troll can create fake accounts.

        I'm sorry for making that stupid comment. I don't really believe that comments should stand on their own, but I'm saying that because if I make an account, I'm afraid people will know I'm a troll.

        I apologize to everyone on SoylentNews.