Bitcoin Forum

Florida senator Bill Nelson has joined the ranks of those hitting out at Venezuela's recently launched petro token.

In a letter sent to Treasury Secretary Steven Mnuchin on Monday, Nelson said he was "concerned by recent reports" that Venezuela, as well as Russia, are planning to use cryptocurrencies to get past economic sanctions.

Focusing on Venezuela's president, in particular, he noted that Nicolás Maduro "is responsible for persistent human rights violations, political repression and the jailing of opponents, undermining democratic institutions, corruption, and widespread economic deprivation."

https://www.coindesk.com/us-lawmaker-presses-treasury-department-on-venezuelas-petro-sale/