First Mover Americas: Venezuela Looks to Tether for Oil Sales as Sanctions Return

The latest price moves in bitcoin (BTC) and crypto markets in context for April 23, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

By: CoinDesk

May 20 2024
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Venezuela's state-owned oil company, PDVSA, is looking to Tether (USDT) as a means to bypass new sanctions placed on it by the United States, Reuters reported. PDVSA is reportedly trying to integrate… [+1786 chars]

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