Sanctions with respect to cryptocurrency and related technologies in Venezuela

(a) Prohibition of certain transactions (1) In general Beginning on the date of the enactment of this Act, the following transactions are prohibited: (A) Any transaction by a United States person or within the United States that relates to, provides financing for, or otherwise deals in any digital currency, digital coin, or digital token, that was issued by, for, or on behalf of the regime of Nicolas Maduro or any nondemocratic successor government. (B) Any transaction that evades or avoids, has the purpose of evading or avoiding, causes a violation of, or attempts to violate the prohibition under subparagraph (A). (2) Applicability The prohibitions under paragraph (1) shall apply— (A) to the extent provided by statutes, or in regulations, orders, directives, or licenses that may be issued pursuant to this section; and (B) notwithstanding any contract entered into or any license or permit granted before the date of the enactment of this Act. (b) Rulemaking (1) In general The Secretary of the Treasury, in consultation with the Secretary of State, may take such actions, including prescribing rules and regulations, as are necessary to implement this section. (2) Delegation The Secretary of the Treasury may redelegate the authority described in paragraph (1) to other officers and agencies of the United States Government. (c) Responsibility of other agencies All agencies of the United States Government shall take all appropriate measures within their authority to carry out the provisions of this section.