Although cryptocurrency adoption in Venezuela has declined in the last year, it continues to grow thanks to the opening of the national banking system to the purchase and sale of these assets, consolidating its position as the key channel for this sector.
This was reported on Wednesday, February…
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Venezuela
US authorizes supply of technology and software for oil production in Venezuela
The US Treasury Department announced on Tuesday, February 10, the issuance of the new General License 44A, which authorizes “the supply, export, and re-export of technology, software, equipment, and services necessary for the exploration,…
Russia to continue supporting Venezuela
Despite current tensions following US actions in Venezuela, Russia's representative to the United Nations, Vasily Nebenzia, indicated on Thursday, February 5, that they will continue to strengthen relations with the South American country.…
Shell estimates multi-billion dollar investment in Venezuelan natural gas
The energy company Shell is evaluating a multi-billion dollar investment in Venezuela's offshore natural gas sector, according to the company's CEO, Wael Sawan.
This is an opportunity that could materialize in the coming months, according…
Banks will be closed on Monday, February 16th and Tuesday, February 17th for the Carnival holiday
Bank branches will be closed nationwide on Monday, February 16th and Tuesday, February 17th due to the Carnival holiday in Venezuela, as reflected in the calendar of the Superintendency of Banking Sector Institutions (Sudeban).
As is…
Venezuela’s mass consumption market grew 8.4 % in units during 2025
The sustained increase in the price of goods and services has led Venezuelans to allocate their savings to consumption. This was indicated last week by Alexander Cabrera, partner and commercial director of Atenas Grupo Consultor.
The…
Caracas Stock Exchange anticipates stabilization of the economic system
The president of the Caracas Stock Exchange, José Grasso Vecchio, indicated during an interview last week that there are positive expectations regarding the stabilization of the Venezuelan economic system.
The executive stated that the…
Bancamiga boosts Yaracuy’s agricultural and industrial potential with its new branch
To contribute to boosting the growth of Yaracuy State, Bancamiga inaugurated its San Felipe branch on February 10th, the first in the state and the institution's 51st overall.
With the attendance of prominent representatives from the…
Peace and reconciliation in Venezuela are the main objective of the amnesty law.
The amnesty law, approved last week in Venezuela by the National Assembly, will serve to strengthen peace and reconciliation in the country, according to interim president Delcy Rodríguez.
The official stated: "Reconciliation must be a…
OFAC authorizes sale of US diluents to Venezuela
The Office of Foreign Assets Control (OFAC) issued a new license last week for the sale of US diluents to Venezuela, as part of the opening of crude oil exports from the South American country.
According to this license, the export and…
The highest cycling challenge: Mérida prepares for the GFCDC 2026
Following the historic milestone of setting a Guinness World Record in its previous edition, the Gran Fondo Collado del Cóndor (GFCDC) officially announced its sixth edition for March 22, 2026. The event, organized by Ultrabikex, is…
The United States extends Citgo auction until March
A new license issued by the US Treasury Department's Office of Foreign Assets Control (OFAC) has extended the auction of the Citgo refinery until March.
The document states that it "temporarily prevents creditors from invoking US courts to…