The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) announced the removal of certain individuals and entities from the Specially Designated Nationals and Blocked Persons List. This action means that the property and financial interests of these individuals and companies, which were previously blocked due to their connection to the situation in Venezuela, are no longer restricted by the U.S. government. The update includes detailed information about the individuals and companies affected by this change. The announcement can be found on OFAC’s website.
Simple Explanation
The U.S. government has decided to stop blocking the money and things belonging to some people and companies that were on a list because of their ties to Venezuela. This means these people and companies can now use their money and things without any trouble from the U.S. government.