U.S. Treasury Department issues license allowing some transactions with Venezuela's Guaido

The U.S. Treasury Department on Monday issued a license allowing some transactions with Venezuelan opposition leader Juan Guaido despite U.S. sanctions on the country and reaffirmed Washington's support for Guaido as Venezuela's legitimate leader.

The license also allows for certain transactions with Venezuela's National Assembly and some others. The opposition-controlled National Assembly has extended its term by a year, after boycotting a parliamentary election on Dec. 6 handily won by President Nicolas Maduro's ruling socialists that the opposition and most western democracies said was neither free nor fair.