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The Daily Hodl
2019-03-14 13:38:49

Lights Go Out on Bitcoin in Venezuela As Russian Bank Sanctioned for Financing National ‘Cryptocurrency’

The US Treasury Department has added Russia’s Moscow-based Evrofinance Mosnarbank to its sanctions list on the presumption that the Russian bank has been funding the oil-backed “cryptocurrency”, the Petro (PTR), launched last year by the disputed Venezuelan president Nicolás Maduro. According to the Treasury, Evorfinance has been funding the Petro in order to aid and […]The post Lights Go Out on Bitcoin in Venezuela As Russian Bank Sanctioned for Financing National ‘Cryptocurrency’ appeared first on The Daily Hodl.