On Monday, President of America, Donald Trump sanctioned an executive order to prohibit the purchase of Petro, Venezuela’s new national cryptocurrency by the American citizen or by anyone inside a US province.
Check out here: Petro Cryptocurrency Bansthat is not really surprising, is it? It has nothing to do with cryptocurrency itself, it's caused by the ban of US on everything Venezuelan. I'm not sure sponsoring Venezuela through crypto is good way either to be honest, as people are being seriously oppressed by the authorities in this country.