{"id":"tp-11609","type":"article-newspaper","title":"Venezuela Embraces Cryptocurrency for Oil Exports to Circumvent US Sanctions","author":"Sheena Jordan","publisher":"TOKENPOST Inc.","url":"https://www.tokenpost.com/news/business/11609","datePublished":"2024-04-23T09:51:27.000Z","dateModified":"2024-04-23T09:51:27.000Z","language":"en","abstract":"Venezuela's state oil company, PDVSA, is facing renewed US sanctions. To secure its oil trade revenues, it is increasingly turning to cryptocurrency, specifically USDT. This shift is aimed at sidestepping restrictions…","section":"Business","references":[{"title":"CoinGape","url":"https://coingape.com/venezuelas-oil-exports-turn-to-cryptocurrency-to-dodge-sanctions/?fbclid=IwZXh0bgNhZW0CMTAAAR1I94xf4LpuFeIqbTy-ToiPyNJ-GwJdKNOrnQf_Sq8Ml0EnaTiggPoOAwI_aem_AbBA7uPIZN-l-f02zKxfAt_nTbNFPETuWtMf57xLwxVp5OKUMo5716iJ2AL0xJggGc0SUB08EPNeQFSOUX1s33Ot"},{"title":"PDVSA","url":"https://coingape.com/pakistan-ditches-us-dollar-embraces-yuan-for-russian-oil-import/"},{"title":"Microsoft Bing","url":"https://www.bing.com/images/create/venezuela-embraces-cryptocurrency-for-oil-exports-/1-662736110c654973a24fd3f66d25d651?id=4BIhnMH5uppgTetUX4%2bSlA%3d%3d&view=detailv2&idpp=genimg&thId=OIG4.FMSrHXnagNvS3VSqvtWw&FORM=GCRIDP&mode=overlay"},{"title":"TokenPost","url":"https://www.tokenpost.com"}]}