We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Trump Bans Venezuelan Cryptocurrency Transactions In US

Law360 (March 19, 2018, 7:07 PM EDT) -- President Donald Trump on Monday issued an executive order banning transactions within the United States that involve Venezuela's new cryptocurrency, marking the administration’s latest attempt to escalate pressure on Venezuela President Nicolas Maduro’s beleaguered regime.

Trump’s executive order prohibits U.S. persons and others subject to U.S. jurisdiction from engaging in transactions involving any digital currency, coin or token issued by, for or on behalf of the Venezuelan government since Jan. 9. The action authorizes the U.S. Department of the Treasury to employ all powers necessary to implement the order, which became effective at 12:15 p.m. EST on Monday.

In January, Maduro...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!