Binance removes Venezuelan bank from list of P2P services

Odaily Planet Daily News Binance removed Venezuelan banks from the list of P2P services, or in line with international financial sanctions. Venezuelan banks were sold to the state by privately held companies in 2009, while the U.S. Treasury Department imposed sanctions on Venezuelan government officials and affiliates in 2018 and 2019 in response to a crackdown on protests in 2014 and 2017. According to local media reports, Venezuelan private banks such as Banesco, Banplus, and BBVA Provincial Bank are still on the Binance P2P platform list. (Cointelegraph)