m3n4.net
m3n4.net October 17, 2018


Trump bans Venezuelan cryptocurrency in the US

20 March 2018, 04:15 | Tara Lloyd

David Smolansky a leader in exile of Venezuela’s opposition in Washington DC

David Smolansky a leader in exile of Venezuela’s opposition in Washington DC

He authorized Treasury Secretary Steven Mnuchin to implement whatever rules and regulations are necessary to enforce the executive order.

President Maduro has said each token will be backed by a barrel of Venezuelan crude. The country holds a "petro" cryptocurrency that is even controversial within its own countries' government. As stated at the time by government officials, Venezuela is seeking to use the cryptocurrency as a way to circumvent worldwide sanctions.

"President Maduro decimated the Venezuelan economy and spurred a humanitarian crisis", he said in a statement.

The order bars "all transactions related to, provision of financing for, and other dealings in, by a United States person or within the United States, any digital currency, digital coin, or digital token", issued by Venezuela's government since January 9, the statement said.

Isle Of Wight Weather Warning Upgraded For Snow And Ice
The forecaster said: "Outbreaks of showery rain across north-Leinster and Ulster this morning will slowly clear through the day". Have a happy (and safe) St Patrick's weekend! "Highs of only 1C to 3C in the eastern half of the country, 4C to 6C in the west".

The Petro, which was made available for presale on February 20, is being used specifically to counter US -imposed sanctions and the economic war waged by Washington.

That the Trump administration would make such a move is perhaps unsurprising; several USA lawmakers have sharply criticized the petro, with Senators Bob Menendez, Marco Rubio - and, later, Bill Nelson - writing letters to the Treasury Department asking how it would protect American investors and prevent Venezuela from raising money.

It comes as the South American nation's political crisis continues to result in shortages of food, medicine, and other basic necessities across the country.

Trump issued an executive order proscribing "all transactions related to" the new currency, which is created to make up for a massive government cash crisis.

Visitors claim Six Nations Grand Slam
To celebrate this, TV3 is set to broadcast a rugby special tomorrow, entitled Ireland's Grand Slam, as the winners return home. Joey Carbery's conversion - on for Sexton while the Ireland starter was undergoing a HIA - left the half-time score at 21-5.

We call on all people and governments to support peaceful debate and negotiations and to urgently and unequivocally denounce violent opposition, economic sabotage, biased media critiques, calls for foreign military intervention and regime change supported by USA rightwing politicians and the Trump-Administration State Department and military.

"The Petro is a desperate effort by a corrupt regime to defraud worldwide investigators", a senior administration official said on the announcement.

President Donald Trump took a step further in cutting off Venezuela's government from American investors.

Sen. Marco Rubio (R., Fla.) applauded Monday's action against Venezuela.

Meghan Markle Joins Queen, Royal Family for Commonwealth Day Service
The couple were sat in the row behind Prince William , who sat studying his order of service, next to Kate. Harry and Meghan will say "I do" at St George's chapel at Windsor Castle .

The new sanctions come as the regime of President Nicolas Madura continues a crackdown against civilians in the country.



Other News

Trending Now

American Lawmakers And Activists Skewer Ryan Zinke For 'Konnichiwa' Comment
Hanabusa then corrected Zinke, saying she thought it was still morning- "I think it's still 'ohayo gozaimasu , ' but that's OK", she said, referencing the phrase for " good morning ".

House Republicans Abruptly Conclude There Was No Collusion with Russian Federation
But the key here is that we are likely to get a much fuller picture from the Senate probe and certainly the Mueller investigation. According to Nunes, nearly everyone in the Trump campaign had "testified under oath that they had no contacts with the Russians".

The 21 most mesmerising photos from the 2018 Winter Paralympics
Huckaby sealed her sweep of the women's LL1 class in her Paralympic debut as she won her second gold medal of the Games. After they lost the semifinal to China , they had a team meeting, hugged one another and refocused on winning bronze.

Champions League preview: United v Sevilla
The first leg at the Ramon Sanchez Pizjuan Stadium, as iterated earlier, ended in a goalless draw that had very little quality.

Eagles could pursue Ndamukong Suh once he is released by Dolphins
If Suh is designated as a post-June 1 cut/trade the Dolphins will save $17 million in cap space and eat roughly $9 million. Suh recently spoke with Business Insider about how much athletes really get when they sign those enormous contracts .

Scotland Yard Launches Murder Investigation Into Russian Exile's Death
Mr Glushkov received political asylum in Britain after being jailed in Russian Federation for money laundering and fraud. On Monday, 12 March, Glushkov was found dead at his home in New Malden, according to Metropolitan police.

Israeli forces detain 19 Palestinians in overnight raids
Israeli fighter pilots bombed a terror target in central Gaza late Saturday night, the Israel Defense Forces announced. The paper says the punitive measure is the army following the government's "hard line that follows terror attacks".

Morata left out of Spain squad, Diego Costa returns
We like Rodri a lot, he is a very complete player. 'We must also try and find a place in the Champions League but we know it will not be easy'.

Apple Develops MicroLED Displays For Apple Watch
Apple is developing its own device displays for the first time in an unmarked facility in Santa Clara, Bloomberg reported. For an entire year, Apple has shut down a project and engineers since then have worked very hard on the technology.

Sitharaman presses IAF to rescue students from TN forest fire
The Indian Air Force , which has been pressed into service for rescue operations, is sending a helicopter to the affected area. As per the latest updates coming in, 1 student has unfortunately lost his life while around 10-15 students have been rescued.