The United States is reimposing oil sanctions on Venezuela after President Nicolas Maduro failed to honor all terms in the deal that had eased sanctions. US companies have 45 days to halt operations with Venezuela's oil sector. In response, Venezuela's state oil company PDVSA plans to increase the use of digital currency USDT for oil sales to avoid frozen revenues.
Venezuela's state-run oil company @PDVSA plans to increase digital currency usage in its crude and fuel exports as the U.S. reimposes oil sanctions on the country, three people familiar with the plan said. https://t.co/3ykeLksTep https://t.co/1CFUIc5Z6E
Venezuela to use cryptocurrency for oil sales, Reuters $BTC
According to Reuters, Venezuela’s state-owned oil company PDVSA turned to USDT as the United States reimposed oil sanctions on Venezuela. In some contracts digital currencies might be the preferred payment. PDVSA also requires any new customers to hold cryptocurrencies. PDVSA was…
VENEZUELA IS PLANNING TO START USING CRYPTOCURRENCY’S FOR OIL SALES AS US HAS REIMPOSED SANCTIONS ON THE COUNTRY @gurgavin
BREAKING: Venezuela is set to use cryptocurrency for oil sales, ditching the US dollar. https://t.co/kzEmcPj2pO
Venezuela is using tether/crypto to trade/transact in oil after US sanctions were reimposed #oott $uco $uso $bno All Tether tokens are pegged at 1-to-1 with a matching fiat currency (e.g., 1 USD₮ = 1 USD) and are backed 100% by Tether's reserves. #Tether #Bitcoin
Venezuela is using tether/crypto to trade/transact in oil after US sanctions were reimposed #oott $uco $uso $bno
Venezuela is using #bitcoin to trade/transact in oil after US sanctions were reimposed #oott $uco $uso $bno
BREAKING: Venezuela is shifting its oil sales from US Dollars to crypto as US sanctions on Venezuelan oil are being reinstated. The Venezuelan state-run oil company, PDVSA, is considering using Tether for oil sales. Is #crypto about to disrupt the oil industry? https://t.co/newK3u7adh
JUST IN : VENEZUELA IS PLANNING TO START USING CRYPTOCURRENCY’S FOR OIL SALES AS US HAS REIMPOSED SANCTIONS ON THE COUNTRY
#Venezuela is set to use cryptocurrency for oil sales Venezuela's state-run oil company PDVSA plans to increase digital currency usage in its crude and fuel exports as the U.S. reimposes oil sanctions on the country https://t.co/btg4TqbQCw
Breaking: Venezuela's state-run oil company @PDVSA plans to increase digital currency usage in its crude and fuel exports 👀 The U.S. Treasury Department last week gave PDVSA's customers and providers until May 31 to wind down transactions under a general license it did not… https://t.co/n3pdnuANs0
WOW. Venezuela announced they are going to use cryptocurrency for oil sales! 🇻🇪🚀 Source: Reuters https://t.co/8Efh911LUW
BREAKING: Reuters reports that Venezuela is set to use cryptocurrency for oil sales
JUST IN: 🇻🇪 Venezuela to use cryptocurrency for oil sales, Reuters reports.
Venezuela is looking to accelerate the usage of digital currencies such as Tether for oil sales in response to international sanctions. This should end well.
❖ VENEZUELA LOOKS TO CRYPTO FOR OIL SALES AS SANCTIONS RETURN Using Tether, pegged to the U.S. dollar, PDVSA is seeking to hasten the use of digital currency for oil export transactions to avoid having revenues from oil sales frozen in foreign bank accounts, Reuters reported on…
"Using Tether, pegged to the U.S. dollar, PDVSA is seeking to hasten the use of digital currency for oil export transactions to avoid having revenues from oil sales frozen in foreign bank accounts" https://t.co/WoRaytHpTg
#Venezuela plans to shift its oil sales to digital currency as sanctions on Venezuelan oil are being reinstated. PDVSA and its partners must complete transactions by the end of May in compliance with the sanctions. https://t.co/NiCqbJX0Wm
Reuters- Venezuela's PDVSA plans to increase usage of digital currency USDT for its crude and fuel exports as the U.S. moves to reimpose oil sanctions on the country. W/ @santadei https://t.co/kZ3nJ4QPY9
The United States has decided to reimpose economic sanctions on Venezuela's oil sector, adding uncertainty to the oil market, when supply security remains a top priority for many regions around the world amid the ongoing conflicts in the Middle East. https://t.co/8egJ1I8uGW
#Venezuela to accelerate cryptocurrency shift as oil sanctions return #oott https://t.co/s5fcwWv0Ho
Exclusive: Venezuela to accelerate cryptocurrency shift as oil sanctions return https://t.co/XnrzqgSS3L
Venezuela's state Oil company PDVSA plans to increase use of digital currency USDT as US sanctions are set to return - Sources. 😬 https://t.co/Jgb88SarkO
VENEZUELA'S STATE OIL COMPANY PDVSA PLANS TO INCREASE USE OF DIGITAL CURRENCY USDT AS US SANCTIONS ARE SET TO RETURN - SOURCES.
VENEZUELA'S STATE OIL COMPANY PDVSA PLANS TO INCREASE USE OF DIGITAL CURRENCY USDT AS U.S. SANCTIONS ARE SET TO RETURN -SOURCES - RTRS
Venezuela’s State Oil Company Pdvsa Plans to Increase Use of Digital Currency USDT as US Sanctions Are Set to Return -Sources Sanction evasion 🤔
Venezuela’s State Oil Company Pdvsa Plans to Increase Use of Digital Currency USDT as US Sanctions Are Set to Return -Sources
US reimposes sanctions on Venezuela, after President Maduro refuses to allow open elections. The country's oil and gas industry was specifically targeted. Follow: @AFpost https://t.co/ONP2RSWGlt
After Venezuela fails to uphold agreement, Biden administration announces sanctions will resume Oil companies licensed to do business with Venezuela's state-run oil company have 45 days to wind down their dealings with the country. Read more ⬇️ https://t.co/XQ9KS3nyYx
🧵Yesterday, the US reimposed some sanctions against #Venezuela after the Maduro govt failed to keep its promise of allowing competitive presidential elections. But the US took a measured approach rather than a full snapback, as @CrisisGroup recommended. https://t.co/Eolt4DjZ7q
We support the Biden Administration’s decision to reimpose sanctions. Dictator Maduro is deliberately blocking political opponents from participating in free and fair elections. We will continue to fight for a #VenezuelaLibre 🇺🇸🇻🇪 https://t.co/mHWKnAYhHC
#Venezuela | President Nicolas Maduro rejected the sanctions imposed by the United States on the occasion of the inauguration of the I ExpoVenezuela Produce 2024 Meeting. https://t.co/dH1m431xTV
The US has renewed #Venezuelan oil sanctions, accusing #Maduro of not following the agreed to democratic roadmap. #US firms have 45 days to wrap up trade. Despite the #sanctions pause, spoofing has continued amongst the #darkfleet, ready for their resumption. #Oil #spoofing https://t.co/wowb6F1pld
Venezuela oil sector hit by loss of its widest US license https://t.co/BB6ko88aPR
US brings back tough sanctions against Venezuela's oil sector A six-month license that allowed transactions with the country's oil sector expires Thursday. U.S. companies investing in #Venezuela have 45 days to halt operations so as not to add to uncertainty in global energy… https://t.co/OZH8j0iBpS
US reimposes oil sanctions on Venezuela after broken election promises via @FT https://t.co/uwBymrYnx1
#US reimposes #oil #sanctions on #Venezuela as hopes for a fair presidential #election fades https://t.co/10GWJQoLb9
WATCH: The US is reimposing oil sanctions on Venezuela, after Venezuela President Nicolas Maduro failed to honor all terms in the deal that had eased sanctions https://t.co/ro5v4tXLU5 https://t.co/R9crucYt9t
The US is reimposing oil sanctions on Venezuela, after Venezuela President Nicolas Maduro failed to honor all terms in the deal that had eased sanctions https://t.co/onRrDIxZOn https://t.co/LPtccwk9cS
📽️ WATCH - VENEZUELA OIL SECTOR HIT BY LOSS OF ITS WIDEST US LICENSE The Biden administration said it would not renew a licence that was due to expire early on Thursday (April 18) that had largely eased oil sanctions on Venezuela, as it moves to reimpose punitive measures in… https://t.co/1k8KRANWbM