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US Treasury Department Sanctioned Russian bank, Saying It Finance Venezuelan Cryptocurrency Petro

Liang CHE

Summary: According to sources from the US Treasury's official website, the US Treasury's Office of Foreign Assets Control (OFAC) approved sanctions against Evrofinance Mosnarbank in Moscow, which is jointly owned by Russian and Venezuelan state-owned companies and accused of Venezuelan national cryptocurrency. Petro provides financing.

According to sources from the US Treasury's official website, the US Treasury's Office of Foreign Assets Control (OFAC) approved sanctions against Evrofinance Mosnarbank in Moscow, which is jointly owned by Russian and Venezuelan state-owned companies and accused of Venezuelan national cryptocurrency. Petro provides financing.

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