caracas

‌The Binance Card in Venezuela could be closer to becoming a reality. In recent days, Binance LATAM has started to generate buzz on social media with a post that points directly to the Venezuelan market, while the well-known lawyer specializing in cryptocurrencies, Ana Ojeda (@criptolawyer), said that the launch would not only include the…
The Binance Card in Venezuela could be closer to becoming a reality. In recent days, Binance LATAM has started to generate buzz on social media with a post that points directly to the Venezuelan market, while the well-known lawyer specializing in cryptocurrencies, Ana Ojeda (@criptolawyer), said that the launch would not only include the arrival of the Mastercard card, but also a license to operate in the country.

Recent movements by ®K× and Binance show that the Venezuelan market remains a key territory for industry giants.
The cryptocurrency consumption dynamics in Venezuela are undergoing a structural change. In an effort to facilitate the use of digital assets in everyday payments and reduce the historical dependence on the P2P (Peer-to-Peer) market, major global exchanges have begun introducing and anticipating the launch of reloadable cards in the country.

Román Maniglia, a strategist in digital banking, assumes Venezuela’s tax authority, opening the doors to a system of automated oversight.
For the first time, the new tax chief unifies control of public banking and tax collection.
While USDT has been a citizen refuge, it would now become the target of enforcement.
After 18 years under the same leadership, the Integrated National Service of Customs and Tax Administration (SENIAT)—the tax-collecting entity in Venezuela—undergoes its most significant structural transformation. Román Maniglia takes over as head of the agency with instructions to automate tax collection and fully digitize the tax system.

Oliveros estimates that the total allocation of foreign currency will remain at around $1.8 billion, a figure very similar to that recorded during the past month of June.
Venezuelan’s financial system is preparing for a major injection of foreign exchange liquidity. As the economist and business consultant Asdrúbal Oliveros reported on his X account, the country has already received the first remittances of dollars in cash (physical banknotes), which will be sold to individuals and businesses through the banking system in the coming weeks.

The exchange gap would have narrowed to 14.99% on the trading day of this July 1st, representing the smallest difference since December 13, 2024; that is to say, over a period of 18 and a half months.
Venezuela’s Central Bank (BCV) decided to apply a daily rate when setting the exchange rate price, instead of a single monthly parity, so that the market moves toward an exchange unification, as a key objective in the strategy to effectively control inflation and provide the foreign currency demanded by the country’s productive sectors.

the tragedy
The U.S. Department of the Treasury decided to suspend some sanctions on Venezuela to allow operations related to relief efforts after the double earthquake.
This will, for example, allow bank transfers to the country—an essential route for sending aid after the catastrophe, which has left hundreds dead and thousands injured.
Specifically, the Office of Foreign Assets Control (OFAC) issued a statement clarifying that these operations, which were previously not possible under the Venezuela Sanctions Regulations (VSR), may be carried out until October 23 of this year.

The double earthquake disrupts the heart of Venezuela and forces the release of telephone and financial services in the wake of the emergency.
Telecommunications companies and digital platforms suspend charging their fees.
The twin quakes leave a toll of 32 dead and national connectivity drops to 65%
The disruption of electricity, the loss of cellular signal, and the partial shutdown of transportation following the twin earthquakes of June 24, 2026 have turned everyday tasks into challenges more complex than usual in Venezuela.

Is USDT legal in Venezuela? SUNACRIP, SENIAT, ISLR, IGTF, and VAT explained. Declaration thresholds and everything you need to trade legally in 2026.
Venezuela doesn't have a specific tax regime for cryptocurrencies — the general rules of ISLR and the VAT Law apply, treating crypto assets as intangible goods. The result: three different taxes that may apply depending on the type of trade. Trading with USDT is completely legal under the SUNACRIP framework. If you want to get started, check out the guide on how to buy USDT in Venezuela. The threshold for declaring is lower than most think: anyone who generated more than 30-40 USDT on average monthly in 2025 is required to declare ISLR. On USDT TODAY, you can find the real-time price of USDT in Venezuela, or in the USDT price guide for today in Venezuela.