{"id":18559,"date":"2024-04-24T15:00:45","date_gmt":"2024-04-24T15:00:45","guid":{"rendered":"https:\/\/coinengineer.io\/blog\/?p=18559"},"modified":"2024-04-24T08:00:46","modified_gmt":"2024-04-24T08:00:46","slug":"solution-to-us-sanctions-found-in-this-coin","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/solution-to-us-sanctions-found-in-this-coin\/","title":{"rendered":"Solution to US Sanctions Found in This Coin!"},"content":{"rendered":"<p>According to Reuters, the state-owned PDVSA company in Venezuela is considering using <a href=\"https:\/\/coinengineer.net\/blog\/tether-aims-to-expand-its-peer-to-peer-transactions\/\">Tether<\/a> (USDT) to avoid US sanctions.<\/p>\n<p>According to information shared by Reuters, the oil company is considering using USDT more actively to prevent its foreign bank accounts from being blocked.<\/p>\n<p>It is stated that PDVSA started selling oil through USDT against US sanctions since last year.<\/p>\n<p>PDVSA also demands that new customers who will make agreements with the company keep cryptocurrencies in a digital wallet. It is suggested that this is also valid for some old customers.<\/p>\n<p>PDVSA is receiving help from intermediary institutions to cover up the tracks of its oil sales with USDT.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to Reuters, the state-owned PDVSA company in Venezuela is considering using Tether (USDT) to avoid US sanctions. According to information shared by Reuters, the oil company is considering using USDT more actively to prevent its foreign bank accounts from being blocked. It is stated that PDVSA started selling oil through USDT against US sanctions<\/p>\n","protected":false},"author":1,"featured_media":1441,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[58,5611,5609,5610,5608],"class_list":["post-18559","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy-news","tag-cryptocurrency","tag-intermediary-institutions","tag-pdvsa","tag-us-sanctions","tag-venezuela"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Solution to US Sanctions Found in This Coin! - Coin Engineer<\/title>\n<meta name=\"description\" content=\"According to Reuters, the state-owned PDVSA company in Venezuela is considering using Tether (USDT) to avoid US sanctions.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/solution-to-us-sanctions-found-in-this-coin\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Solution to US Sanctions Found in This Coin! 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