American Trade & Manufacturing Blog

Tag Archives: Office of Foreign Assets Control

U.S. Ratchets Up Venezuela Sanctions, Targets Digital Currency

Posted in Economic Sanctions, Export Controls
The Trump administration issued a new Executive Order (EO) yesterday prohibiting all transactions related to and other dealings in any digital currency, digital coin, or digital token issued by, for, or on behalf of the Government of Venezuela after January 9, 2018. The U.S. government previously imposed targeted restrictions on dealings in new debt, new… Continue Reading

OFAC Sanctions Russians for Election Interference and Malicious Cyberattacks

Posted in Economic Sanctions, Export Controls
Yesterday, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated several Russian individuals and entities as Specially Designated Nationals (SDNs) pursuant to the Countering America’s Adversaries Through Sanctions Act of 2017 (CAATSA) and a cyber-related Executive Order. The new sanctions are retaliation for Russia’s interference in the most recent presidential election as well… Continue Reading