Taking Additional Steps to Address the Situation in Venezuela

Executive Order 13827 of March 19, 2018

Taking Additional Steps to Address the Situation
in Venezuela

By the authority vested in me as President by the
Constitution and the laws of the United States of
America, including the International Emergency Economic
Powers Act (50 U.S.C. 1701 et seq.) (IEEPA), the
National Emergencies Act (50 U.S.C. 1601 et seq.), and
section 301 of title 3, United States Code,

I, DONALD J. TRUMP, President of the United States of
America, in order to take additional steps with respect
to the national emergency declared in Executive Order
13692 of March 8, 2015, and relied upon for additional
steps taken in Executive Order 13808 of August 24,
2017, and in light of recent actions taken by the
Maduro regime to attempt to circumvent U.S. sanctions
by issuing a digital currency in a process that
Venezuela's democratically elected National Assembly
has denounced as unlawful, hereby order as follows:

Section 1. (a) All transactions related to, provision
of financing for, and other dealings in, by a United
States person or within the United States, any digital
currency, digital coin, or digital token, that was
issued by, for, or on behalf of the Government of
Venezuela on or after January 9, 2018, are prohibited
as of the effective date of this order.

    (b) The prohibitions in subsection (a) of this
section apply except to the extent provided by
statutes, or in regulations, orders, directives, or
licenses that may be issued pursuant to this order, and
notwithstanding any contract entered into or any
license or permit granted before the effective date of
this order.

Sec. 2. (a) Any transaction that evades or avoids, has
the purpose of evading or avoiding, causes a violation
of, or attempts to violate any of the prohibitions set
forth in this order is prohibited.

    (b) Any conspiracy formed to violate any of the
prohibitions set forth in this order is prohibited.

Sec. 3. For the purposes of this order:

    (a) the term “person” means an individual or
entity;
    (b) the term “entity” means a partnership,
association, trust, joint venture, corporation, group,
subgroup, or other organization;
    (c) the term “United States person” means any
United States citizen, permanent resident alien, entity
organized under the laws of the United States or any
jurisdiction within the United States (including
foreign branches of such entities), or any person
within the United States; and
    (d) the term “Government of Venezuela” means the
Government of Venezuela, any political subdivision,
agency, or instrumentality thereof, including the
Central Bank of Venezuela and Petroleos de Venezuela,
S.A. (PdVSA), and any person owned or controlled by, or
acting for or on behalf of, the Government of
Venezuela.

Sec. 4. The Secretary of the Treasury, in consultation
with the Secretary of State, is hereby authorized to
take such actions, including promulgating rules and
regulations, and to employ all powers granted to the
President by IEEPA as may be necessary to implement
this order. The Secretary of the Treasury may,
consistent with applicable law, redelegate any of these
functions to other officers and executive departments
and agencies of the

United States Government. All agencies of the United
States Government shall take all appropriate measures
within their authority to carry out the provisions of
this order.

Sec. 5. For those persons whose property and interests
in property are affected by this order who might have a
constitutional presence in the United States, I find
that because of the ability to transfer funds or other
assets instantaneously, prior notice to such persons of
measures taken pursuant to this order would render
those measures ineffectual. I therefore determine that
for these measures to be effective in addressing the
national emergency declared in Executive Order 13692,
there need be no prior notice given for implementation
of this order.

Sec. 6. This order is not intended to, and does not,
create any right or benefit, substantive or procedural,
enforceable at law or in equity by any party against
the United States, its departments, agencies, or
entities, its officers, employees, or agents, or any
other person.

Sec. 7. This order is effective at 12:15 p.m. eastern
daylight time on March 19, 2018.

    (Presidential Sig.)

THE WHITE HOUSE,

    March 19, 2018.