Venezuela Watchers Say Maduro Will Seek to Evade Latest Sanctions

Venezuelan activists and policy analysts are calling for tougher sanctions and investigations into how President Nicolás Maduro’s government is using cryptocurrencies to get around international restrictions.

The US reinstated gold and oil sanctions on May 31 after Maduro failed to honor an agreement to allow a fairer vote in elections scheduled for July. The US has imposed targeted sanctions on Venezuelan individuals and entities for almost two decades.