Venezuela's state-run oil company PDVSA plans to increase digital currency usage in its crude and fuel exports as the U.S.

Venezuela's state-owned oil company, PDVSA, is looking to crypto as a means to bypass new sanctions placed on it by the US ...

Venezuela accelerates cryptocurrency use for oil exports to counter U.S. sanctions and secure transaction freedom.

This article has been updated to include a statement from Tether regarding the company’s compliance with OFAC sanctions.

Tether, the issuer of the popular stablecoin USDT, has announced its intention to freeze addresses associated with sanctioned ...

HOUSTON/CARACAS, April 22 (Reuters) - 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 ...

Venezuela’s state-run oil company PDVSA is pivoting to cryptocurrency, specifically Tether (USDT), to circumvent renewed US sanctions. This strategic shift aims to safeguard the ...

Venezuelas state oil company, PDVSA, is facing renewed US sanctions. To secure its oil trade revenues, it is increasingly ...

As the United States reimposes oil sanctions on Venezuela, the country’s state-run oil company PDVSA is planning to increase ...

By the end of Q1 2024, PDVSA has adopted a contractual model requiring upfront payment of fifty percent of each shipment's ...

The US Treasury undersecretary has highlighted Russia's alleged use of Tether (USDT) to bypass international sanctions and ...