Trump issues executive order to reinforce control over Venezuelan oil proceeds
Summary
President Donald Trump signed an executive order on Saturday to protect Venezuelan oil revenue held in US Treasury accounts from legal seizure or attachment. This order supersedes previous directives and restricts any dealings with these funds without government authorization, maintaining them as sovereign assets of Venezuela. The administration stated that allowing the funds to be seized would undermine US foreign policy goals, regional stability, and broader strategies aimed at countering drug trafficking, reducing illegal immigration, and limiting hostile foreign influence.
(Source:Crypto Briefing)