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

The Daily Hodl Thu, 14 Mar 2019

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.