Venezuela Tries to Avoid US Sanctions By Trading In Rubles and Crypto

Venezuela Tries to Avoid US Sanctions By Trading In Rubles and Crypto Venezuela and Russia are in talks to use the ruble in mutual trade settlements, thereby abandoning the commonly-used US dollar in country-to-country transactions. Further, the two countries are considering using El Petro, Venezuela’s oil-pegged cryptocurrency, as another medium of exchange. Venezuela‘s UN representative,