A Moscow-based bank that acted as the primary conduit for buying "Petro," Venezuela's state-issued cryptocurrency, has been added to the U.S. list of "Specially Designated Nationals," or SDN list, after allegedly handling illicit funds from state-owned oil firm PDVSA.
A forum of primarily Latin American nations on Monday disclosed new measures to curb financial transactions with Venezuela following what members called the illegitimate re-election of President Nicolas Maduro.