Venezolanisches Ölunternehmen setzt inmitten neuer Sanktionen auf Kryptowährungen

tldr; In response to renewed US sanctions targeting Venezuela’s oil sector, the state-owned oil company PDVSA is increasingly adopting cryptocurrencies, specifically Tether dollars (USDT), for oil and gasoline transactions. This strategic shift aims to circumvent financial restrictions and mitigate risks like foreign bank freezes on oil revenues. PDVSA now requires half of the purchase price in USDT and mandates new customers to have a USDT-compatible crypto wallet, despite initial compliance challenges for Western oil traders.

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