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	<title>venezuelan market &#8211; Bitfinance</title>
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	<title>venezuelan market &#8211; Bitfinance</title>
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	<item>
		<title>International brands could boost franchise sector growth in Venezuela</title>
		<link>https://bitfinance.news/en/international-brands-could-boost-franchise-sector-growth-in-venezuela/</link>
		
		<dc:creator><![CDATA[Marilin Pino]]></dc:creator>
		<pubDate>Wed, 29 Apr 2026 20:00:07 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Featured]]></category>
		<category><![CDATA[15 % growth]]></category>
		<category><![CDATA[Digital innovation]]></category>
		<category><![CDATA[franchise sector]]></category>
		<category><![CDATA[international brands]]></category>
		<category><![CDATA[Profranquicias]]></category>
		<category><![CDATA[Raúl Angulo]]></category>
		<category><![CDATA[Venezuela]]></category>
		<category><![CDATA[Venezuelan Franchise Chamber]]></category>
		<category><![CDATA[venezuelan market]]></category>
		<guid isPermaLink="false">https://bitfinance.news/?p=121132</guid>

					<description><![CDATA[<div style="margin-bottom:20px;"><img width="1100" height="733" src="https://bitfinance.news/wp-content/uploads/2026/04/memento-media-2pPw5Glro5I-unsplash.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="La Cámara Venezolana de Franquicias estima que las marcas internacionales podrían impulsar el sector en Venezuela en 15 %" decoding="async" fetchpriority="high" srcset="https://bitfinance.news/wp-content/uploads/2026/04/memento-media-2pPw5Glro5I-unsplash.jpg 1100w, https://bitfinance.news/wp-content/uploads/2026/04/memento-media-2pPw5Glro5I-unsplash-300x200.jpg 300w, https://bitfinance.news/wp-content/uploads/2026/04/memento-media-2pPw5Glro5I-unsplash-1024x682.jpg 1024w, https://bitfinance.news/wp-content/uploads/2026/04/memento-media-2pPw5Glro5I-unsplash-768x512.jpg 768w" sizes="(max-width: 1100px) 100vw, 1100px" /></div><p>The Venezuelan Franchise Chamber (Profranquicias) indicated during the Focus On! 2026 event that the sector could experience 15 % growth in Venezuela thanks to the impetus provided by international brands. Business leaders who participated in the event analyzed the cultural transformation and digital innovation in the Venezuelan franchise market, as well as the dynamism of [&#8230;]</p>
<p>La entrada <a rel="nofollow" href="https://bitfinance.news/en/international-brands-could-boost-franchise-sector-growth-in-venezuela/">International brands could boost franchise sector growth in Venezuela</a> apareció primero en <a rel="nofollow" href="https://bitfinance.news/en">Bitfinance</a>.</p>
]]></description>
										<content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1100" height="733" src="https://bitfinance.news/wp-content/uploads/2026/04/memento-media-2pPw5Glro5I-unsplash.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="La Cámara Venezolana de Franquicias estima que las marcas internacionales podrían impulsar el sector en Venezuela en 15 %" decoding="async" srcset="https://bitfinance.news/wp-content/uploads/2026/04/memento-media-2pPw5Glro5I-unsplash.jpg 1100w, https://bitfinance.news/wp-content/uploads/2026/04/memento-media-2pPw5Glro5I-unsplash-300x200.jpg 300w, https://bitfinance.news/wp-content/uploads/2026/04/memento-media-2pPw5Glro5I-unsplash-1024x682.jpg 1024w, https://bitfinance.news/wp-content/uploads/2026/04/memento-media-2pPw5Glro5I-unsplash-768x512.jpg 768w" sizes="(max-width: 1100px) 100vw, 1100px" /></div><p style="text-align: justify;">The <strong>Venezuelan Franchise Chamber (Profranquicias)</strong> indicated during the <strong>Focus On! 2026</strong> event that <strong>the sector could experience 15 % growth</strong> in Venezuela thanks to the impetus provided by <strong>international brands.</strong></p>
<p style="text-align: justify;">Business leaders who participated in the event analyzed the <strong>cultural transformation and digital innovation</strong> in the Venezuelan franchise market, as well as the <strong>dynamism of the food, retail, and service sectors.</strong></p>
<p style="text-align: justify;">Raúl Angulo, president of Profranquicias, explained that <strong>“more than 75 brands currently operate in the country, distributed across 2,500 points of business,</strong> generating<strong> more than 44,000 direct and indirect jobs.”</strong></p>
<p style="text-align: justify;">Other topics addressed at the event included <strong>“market restructuring and operational scaling of the sector</strong> in Venezuela”; leadership in the face of the <strong>new demographic and technological realities</strong> of the <strong>Venezuelan labor market;</strong> and cultural transformation and operational resilience as prerequisites for strategic growth in the <strong>country’s current economic phase.</strong></p>
<p style="text-align: justify;">M.Pino</p>
<p><em>Source: <a href="https://eldiario.com/2026/04/21/franquicias-venezuela-crecimiento/" target="_blank" rel="noopener">eldiario</a></em></p>
<p>(Reference image source: Memento Media on Unsplash)</p>
<p><em><strong>Follow our news on Google!</strong></em><em> For current, interesting, and accurate information, </em><a href="https://www.google.com/search?q=site:bitfinance.news&amp;tbm=nws&amp;tbs=sbd:1" target="_blank" rel="noopener"><strong><em>click here</em></strong></a><em> to see all the content on <strong>Bitfinance.news</strong>. You can also find us on </em><a href="https://twitter.com/BitFinance_News" target="_blank" rel="noopener"><strong><em>X/Twitter</em></strong></a><em> and </em><a href="https://www.instagram.com/bitfinancenews/?hl=es" target="_blank" rel="noopener"><strong><em>Instagram</em></strong></a></p>
<p>La entrada <a rel="nofollow" href="https://bitfinance.news/en/international-brands-could-boost-franchise-sector-growth-in-venezuela/">International brands could boost franchise sector growth in Venezuela</a> apareció primero en <a rel="nofollow" href="https://bitfinance.news/en">Bitfinance</a>.</p>
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			</item>
		<item>
		<title>Financial Touchdown: Bancamiga teams up with the bear to experience the Super Bowl fever</title>
		<link>https://bitfinance.news/en/financial-touchdown-bancamiga-teams-up-with-the-bear-to-experience-the-super-bowl-fever/</link>
		
		<dc:creator><![CDATA[Marilin Pino]]></dc:creator>
		<pubDate>Wed, 04 Feb 2026 15:45:13 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Featured]]></category>
		<category><![CDATA[Innovation]]></category>
		<category><![CDATA[Other topics]]></category>
		<category><![CDATA[Bancamiga Teams Up with the Bear]]></category>
		<category><![CDATA[coca cola]]></category>
		<category><![CDATA[Experience the Fever of this Grand Final]]></category>
		<category><![CDATA[Financial Touchdown]]></category>
		<category><![CDATA[Mastercard Debit Card]]></category>
		<category><![CDATA[New England Patriots vs. Seattle Seahawks]]></category>
		<category><![CDATA[Pepsi]]></category>
		<category><![CDATA[Polar]]></category>
		<category><![CDATA[Products and Services That Break Paradigms]]></category>
		<category><![CDATA[Super Bowl]]></category>
		<category><![CDATA[venezuelan market]]></category>
		<category><![CDATA[zulia]]></category>
		<guid isPermaLink="false">https://bitfinance.news/?p=119131</guid>

					<description><![CDATA[<div style="margin-bottom:20px;"><img width="1100" height="601" src="https://bitfinance.news/wp-content/uploads/2026/02/PV-ES-BFN-Imagen-referencial-Bancamiga-Oso.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Tú decides y Bancamiga lo hace posible con la Tarjeta de Débito Mastercard" decoding="async" srcset="https://bitfinance.news/wp-content/uploads/2026/02/PV-ES-BFN-Imagen-referencial-Bancamiga-Oso.jpg 1100w, https://bitfinance.news/wp-content/uploads/2026/02/PV-ES-BFN-Imagen-referencial-Bancamiga-Oso-300x164.jpg 300w, https://bitfinance.news/wp-content/uploads/2026/02/PV-ES-BFN-Imagen-referencial-Bancamiga-Oso-1024x559.jpg 1024w, https://bitfinance.news/wp-content/uploads/2026/02/PV-ES-BFN-Imagen-referencial-Bancamiga-Oso-768x420.jpg 768w" sizes="(max-width: 1100px) 100vw, 1100px" /></div><p>Super Bowl fever is contagious. It&#8217;s not just about the outcome of the game between the New England Patriots and the Seattle Seahawks. It&#8217;s the marketing war, which has already begun. Soft drinks are grabbing everyone&#8217;s attention, just like the teams. And in this prelude, there&#8217;s a key player: the bear, who also knocked on [&#8230;]</p>
<p>La entrada <a rel="nofollow" href="https://bitfinance.news/en/financial-touchdown-bancamiga-teams-up-with-the-bear-to-experience-the-super-bowl-fever/">Financial Touchdown: Bancamiga teams up with the bear to experience the Super Bowl fever</a> apareció primero en <a rel="nofollow" href="https://bitfinance.news/en">Bitfinance</a>.</p>
]]></description>
										<content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1100" height="601" src="https://bitfinance.news/wp-content/uploads/2026/02/PV-ES-BFN-Imagen-referencial-Bancamiga-Oso.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Tú decides y Bancamiga lo hace posible con la Tarjeta de Débito Mastercard" decoding="async" srcset="https://bitfinance.news/wp-content/uploads/2026/02/PV-ES-BFN-Imagen-referencial-Bancamiga-Oso.jpg 1100w, https://bitfinance.news/wp-content/uploads/2026/02/PV-ES-BFN-Imagen-referencial-Bancamiga-Oso-300x164.jpg 300w, https://bitfinance.news/wp-content/uploads/2026/02/PV-ES-BFN-Imagen-referencial-Bancamiga-Oso-1024x559.jpg 1024w, https://bitfinance.news/wp-content/uploads/2026/02/PV-ES-BFN-Imagen-referencial-Bancamiga-Oso-768x420.jpg 768w" sizes="(max-width: 1100px) 100vw, 1100px" /></div><p style="text-align: justify;"><strong>Super Bowl fever</strong> is contagious. It&#8217;s not just about the outcome of the game between the <strong>New England Patriots</strong> and the <strong>Seattle Seahawks.</strong> It&#8217;s the marketing war, which has already begun. Soft drinks are grabbing everyone&#8217;s attention, just like the teams. And in this prelude, <strong>there&#8217;s a key player: the bear,</strong> who <strong>also knocked on <a href="https://www.bancamiga.com/" target="_blank" rel="noopener">Bancamiga&#8217;s</a> door to experience the passion of this grand final.</strong></p>
<p style="text-align: justify;">Millions of fans around the world are closely following the soda wars, which heated up this week with the so-called &#8220;cola wars&#8221; and <strong>Coca-Cola&#8217;s</strong> iconic bear choosing <strong>Pepsi</strong> in a blind taste test, followed by Coca-Cola&#8217;s subsequent revelation that it had all been a nightmare.</p>
<h3 style="text-align: left;">Innovative and disruptive character: Products and services that break paradigms</h3>
<p style="text-align: justify;"><strong><a href="https://www.instagram.com/bancamiga/" target="_blank" rel="noopener">Bancamiga</a> offers its clients the Mastercard Debit Card so they can choose which soda brand to buy</strong> or whether they prefer <strong>Polar or Zulia.</strong> In the Venezuelan market, <strong>the institution is a benchmark for its innovative and disruptive character, transforming traditional banking into an agile, technological, and customer-centric experience.</strong></p>
<p style="text-align: justify;">I<strong>ts products and services break paradigms</strong> by integrating accessible solutions that respond to local economic dynamics with cutting-edge digital tools. <strong>You decide, Bancamiga makes it possible.</strong></p>
<p><em>With information and reference image provided by Bancamiga Banco Universal                        </em></p>
<p><strong>Follow our news on Google!</strong> For current, interesting, and accurate information, <a href="https://www.google.com/search?q=site:bitfinance.news&amp;tbm=nws&amp;tbs=sbd:1" target="_blank" rel="noopener"><strong>click here</strong></a> to see all the content on <strong>Bitfinance.news</strong>. You can also find us on <a href="https://twitter.com/BitFinance_News" target="_blank" rel="noopener"><strong>X/Twitter</strong></a> and <a href="https://www.instagram.com/bitfinancenews/?hl=es" target="_blank" rel="noopener"><strong>Instagram</strong></a></p>
<p>La entrada <a rel="nofollow" href="https://bitfinance.news/en/financial-touchdown-bancamiga-teams-up-with-the-bear-to-experience-the-super-bowl-fever/">Financial Touchdown: Bancamiga teams up with the bear to experience the Super Bowl fever</a> apareció primero en <a rel="nofollow" href="https://bitfinance.news/en">Bitfinance</a>.</p>
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		<item>
		<title>Síragon will launch six new monitors in Venezuela</title>
		<link>https://bitfinance.news/en/siragon-will-launch-six-new-monitors-in-venezuela/</link>
		
		<dc:creator><![CDATA[Marilin Pino]]></dc:creator>
		<pubDate>Thu, 16 May 2024 16:00:00 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Featured]]></category>
		<category><![CDATA[Innovation]]></category>
		<category><![CDATA[executive concept monitors]]></category>
		<category><![CDATA[high performance]]></category>
		<category><![CDATA[Ivoo brand]]></category>
		<category><![CDATA[new televisions]]></category>
		<category><![CDATA[Síragon]]></category>
		<category><![CDATA[venezuelan market]]></category>
		<guid isPermaLink="false">https://bitfinance.news/?p=105970</guid>

					<description><![CDATA[<div style="margin-bottom:20px;"><img width="900" height="506" src="https://bitfinance.news/wp-content/uploads/2024/05/d-HPupYX.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Los nuevos productos de Síragon, marca Ivoo, llegarán al mercado venezolano para satisfacer las exigencias tecnológicas actuales" decoding="async" srcset="https://bitfinance.news/wp-content/uploads/2024/05/d-HPupYX.jpg 900w, https://bitfinance.news/wp-content/uploads/2024/05/d-HPupYX-300x169.jpg 300w, https://bitfinance.news/wp-content/uploads/2024/05/d-HPupYX-768x432.jpg 768w" sizes="(max-width: 900px) 100vw, 900px" /></div><p>The Síragon company will launch six new televisions, from the Ivoo brand, to the Venezuelan market, under an executive and high-performance concept. The new monitors aimed at satisfying market demands are the 5000 series IPS LED Panel, 24&#8242; and 27&#8242;, respectively, “belong to the Executive category, created for clients who need to expand their workspace. Ideal [&#8230;]</p>
<p>La entrada <a rel="nofollow" href="https://bitfinance.news/en/siragon-will-launch-six-new-monitors-in-venezuela/">Síragon will launch six new monitors in Venezuela</a> apareció primero en <a rel="nofollow" href="https://bitfinance.news/en">Bitfinance</a>.</p>
]]></description>
										<content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="900" height="506" src="https://bitfinance.news/wp-content/uploads/2024/05/d-HPupYX.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Los nuevos productos de Síragon, marca Ivoo, llegarán al mercado venezolano para satisfacer las exigencias tecnológicas actuales" decoding="async" srcset="https://bitfinance.news/wp-content/uploads/2024/05/d-HPupYX.jpg 900w, https://bitfinance.news/wp-content/uploads/2024/05/d-HPupYX-300x169.jpg 300w, https://bitfinance.news/wp-content/uploads/2024/05/d-HPupYX-768x432.jpg 768w" sizes="(max-width: 900px) 100vw, 900px" /></div><p style="text-align: justify;">The <strong>Síragon</strong> company will launch <strong>six new televisions, from the Ivoo brand, to the Venezuelan market,</strong> under an executive and high-performance concept.</p>
<p style="text-align: justify;">The new monitors aimed at satisfying market demands are the <strong>5000 series IPS LED Panel, 24&#8242; and 27&#8242;, respectively,</strong> “belong to the <strong>Executive category,</strong> created for clients who need to expand their workspace. Ideal for both the <strong>home office and the company office.”</strong></p>
<p style="text-align: justify;">According to the announcement, in the same series Síragon <strong>will launch 25&#8242; and 27&#8242; monitors with Fast IPS,</strong> which, unlike conventional IPS, <strong>“allows the liquid crystal of the screen to change up to four times faster, </strong>which gives a totally dynamic experience to the user.”</p>
<p style="text-align: justify;">The company will also make its new products available to customers who require equipment where creativity can overcome all limits, such as <strong>the 32&#8242; and 24&#8242; LED Panel 1500R VA curved monitors.</strong> They are products specially designed for <strong>gaming, graphic designers, music producers</strong> and all those who recognize themselves as <strong>“Creatives”.</strong></p>
<p style="text-align: justify;">M.Pino</p>
<p><em>Source: <a href="https://hispanopost.com/siragon-traera-al-mercado-venezolano-seis-nuevos-monitores/" target="_blank" rel="noopener">hispanopost</a></em></p>
<p>(Reference image source: <a href="https://twitter.com/descifradocom/status/1790653350603829311" target="_blank" rel="noopener">@descifradocom</a>, X)</p>
<p><em>Visit our news channel on </em><em>Google News</em><em> and follow us to get accurate, interesting information and stay up to date with everything. You can also see our daily content on </em><a href="https://twitter.com/BitFinance_News" target="_blank" rel="noopener"><em>Twitter</em></a><em> and </em><a href="https://www.instagram.com/bitfinancenews/?hl=es" target="_blank" rel="noopener"><em>Instagram</em></a></p>
<p>La entrada <a rel="nofollow" href="https://bitfinance.news/en/siragon-will-launch-six-new-monitors-in-venezuela/">Síragon will launch six new monitors in Venezuela</a> apareció primero en <a rel="nofollow" href="https://bitfinance.news/en">Bitfinance</a>.</p>
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		<item>
		<title>Logan Technology launches the &#8220;Panita&#8221; equipment</title>
		<link>https://bitfinance.news/en/logan-technology-launches-the-panita-equipment/</link>
		
		<dc:creator><![CDATA[Krystian Tovar]]></dc:creator>
		<pubDate>Thu, 10 Aug 2023 17:00:57 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Featured]]></category>
		<category><![CDATA[logan technology]]></category>
		<category><![CDATA[panita]]></category>
		<category><![CDATA[phones]]></category>
		<category><![CDATA[Venezuela]]></category>
		<category><![CDATA[venezuelan market]]></category>
		<guid isPermaLink="false">https://bitfinance.news/?p=97524</guid>

					<description><![CDATA[<div style="margin-bottom:20px;"><img width="1068" height="707" src="https://bitfinance.news/wp-content/uploads/2023/08/F3Gd7pOXQAAfx9p.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="La empresa anunció el lanzamiento oficial al mercado venezolano denominado &quot;Panita&quot;, que tendrá un costo de 27 dólares" decoding="async" srcset="https://bitfinance.news/wp-content/uploads/2023/08/F3Gd7pOXQAAfx9p.jpg 1068w, https://bitfinance.news/wp-content/uploads/2023/08/F3Gd7pOXQAAfx9p-300x199.jpg 300w, https://bitfinance.news/wp-content/uploads/2023/08/F3Gd7pOXQAAfx9p-1024x678.jpg 1024w, https://bitfinance.news/wp-content/uploads/2023/08/F3Gd7pOXQAAfx9p-768x508.jpg 768w" sizes="(max-width: 1068px) 100vw, 1068px" /></div><p>The Logan Technology company, recognized for its experience in the creation of technological devices, has presented its first mobile device, called &#8220;Panita&#8221;, in the Venezuelan market. This affordable entry-level phone is packed with smart apps, offering users a combination of accessibility and functionality. Javier Espinoza, the company&#8217;s CEO, explained that &#8220;our initial goal was to [&#8230;]</p>
<p>La entrada <a rel="nofollow" href="https://bitfinance.news/en/logan-technology-launches-the-panita-equipment/">Logan Technology launches the &#8220;Panita&#8221; equipment</a> apareció primero en <a rel="nofollow" href="https://bitfinance.news/en">Bitfinance</a>.</p>
]]></description>
										<content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1068" height="707" src="https://bitfinance.news/wp-content/uploads/2023/08/F3Gd7pOXQAAfx9p.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="La empresa anunció el lanzamiento oficial al mercado venezolano denominado &quot;Panita&quot;, que tendrá un costo de 27 dólares" decoding="async" srcset="https://bitfinance.news/wp-content/uploads/2023/08/F3Gd7pOXQAAfx9p.jpg 1068w, https://bitfinance.news/wp-content/uploads/2023/08/F3Gd7pOXQAAfx9p-300x199.jpg 300w, https://bitfinance.news/wp-content/uploads/2023/08/F3Gd7pOXQAAfx9p-1024x678.jpg 1024w, https://bitfinance.news/wp-content/uploads/2023/08/F3Gd7pOXQAAfx9p-768x508.jpg 768w" sizes="(max-width: 1068px) 100vw, 1068px" /></div><p style="text-align: justify;">The <strong>Logan Technology</strong> company, recognized for its experience in the creation of technological devices, has presented its first mobile device, called <strong>&#8220;Panita&#8221;</strong>, in the <strong>Venezuelan market</strong>. This affordable entry-level phone is packed with smart apps, offering users a combination of accessibility and functionality.</p>
<p style="text-align: justify;"><strong>Javier Espinoza,</strong> the company&#8217;s CEO, explained that &#8220;our initial goal was to design an extremely<strong> affordable phone</strong> that would also provide access to the <strong>applications</strong> we commonly use today, such as <strong>WhatsApp, YouTube and Google browsing.&#8221;</strong></p>
<p style="text-align: justify;">The device includes features such as a flashlight, a <strong>2.4-inch QVGA screen</strong> with 320&#215;240 pixel resolution, a 0.3 MP VGA rear camera, micro SD port for up to <strong>32 GB</strong> of internal memory, micro USB and headphone ports, dual card slots SIM, a 1,000-milliamp battery, and radio functionality.</p>
<p style="text-align: justify;">In addition, the &#8220;Panita&#8221; works with the KaiOS operating system, &#8220;which was conceived in 2019, supported by <strong>Google</strong> and currently ranks third in terms of the most used operating systems worldwide. It serves as a basic alternative to Android.&#8221;</p>
<p style="text-align: justify;">The suggested retail price is <strong>$27.</strong> &#8220;Our goal with this project is to ensure accessibility for anyone,&#8221; added Espinoza.</p>
<p style="text-align: justify;">Espinoza, the CEO of Logan Technology, narrated that the inspiration to create the &#8220;Panita&#8221; arose more than <strong>two years ago when one of the employees at his home</strong> was left without a phone and needed a way to keep in touch with her daughter, who immigrated to Colombia.</p>
<p style="text-align: justify;">&#8220;My wife mentioned that Ilda, who has worked with us for more than a decade, had a <strong>broken smartphone,</strong> which shocked me. She has had her daughter in Colombia for more than five years, and her phone was her only means of communication with her,&#8221; Espinoza said.</p>
<p style="text-align: justify;">K. Tovar</p>
<p style="text-align: justify;">Source: VFR Press</p>
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		<title>Crypto trading platform Uphold is leaving Venezuela</title>
		<link>https://bitfinance.news/en/crypto-trading-platform-uphold-is-leaving-venezuela/</link>
		
		<dc:creator><![CDATA[María Belén]]></dc:creator>
		<pubDate>Sat, 25 Jun 2022 18:00:23 +0000</pubDate>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[Financial security]]></category>
		<category><![CDATA[Crypto Wallet]]></category>
		<category><![CDATA[funds]]></category>
		<category><![CDATA[platform]]></category>
		<category><![CDATA[restricted accounts]]></category>
		<category><![CDATA[Uphold]]></category>
		<category><![CDATA[Venezuela]]></category>
		<category><![CDATA[venezuelan market]]></category>
		<category><![CDATA[Venezuelans]]></category>
		<category><![CDATA[withdraw]]></category>
		<guid isPermaLink="false">https://bitfinance.news/?p=82988</guid>

					<description><![CDATA[<div style="margin-bottom:20px;"><img width="1302" height="729" src="https://bitfinance.news/wp-content/uploads/2022/06/La-plataforma-de-trading-cripto-Uphold-se-va-de-Venezuela.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Uphold, a crypto trading platform, withdraws from the Venezuelan market due to the complexity of complying with US sanctions" decoding="async" srcset="https://bitfinance.news/wp-content/uploads/2022/06/La-plataforma-de-trading-cripto-Uphold-se-va-de-Venezuela.jpg 1302w, https://bitfinance.news/wp-content/uploads/2022/06/La-plataforma-de-trading-cripto-Uphold-se-va-de-Venezuela-300x168.jpg 300w, https://bitfinance.news/wp-content/uploads/2022/06/La-plataforma-de-trading-cripto-Uphold-se-va-de-Venezuela-1024x573.jpg 1024w, https://bitfinance.news/wp-content/uploads/2022/06/La-plataforma-de-trading-cripto-Uphold-se-va-de-Venezuela-768x430.jpg 768w" sizes="(max-width: 1302px) 100vw, 1302px" /></div><p>The Uphold platform reported, through a statement, its decision to withdraw from the Venezuelan market due to the complexity of complying with the sanctions established by the United States and asked its clients to withdraw funds from its platform as quickly as possible. According to what was expressed in the statement, the platform will not [&#8230;]</p>
<p>La entrada <a rel="nofollow" href="https://bitfinance.news/en/crypto-trading-platform-uphold-is-leaving-venezuela/">Crypto trading platform Uphold is leaving Venezuela</a> apareció primero en <a rel="nofollow" href="https://bitfinance.news/en">Bitfinance</a>.</p>
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										<content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1302" height="729" src="https://bitfinance.news/wp-content/uploads/2022/06/La-plataforma-de-trading-cripto-Uphold-se-va-de-Venezuela.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Uphold, a crypto trading platform, withdraws from the Venezuelan market due to the complexity of complying with US sanctions" decoding="async" srcset="https://bitfinance.news/wp-content/uploads/2022/06/La-plataforma-de-trading-cripto-Uphold-se-va-de-Venezuela.jpg 1302w, https://bitfinance.news/wp-content/uploads/2022/06/La-plataforma-de-trading-cripto-Uphold-se-va-de-Venezuela-300x168.jpg 300w, https://bitfinance.news/wp-content/uploads/2022/06/La-plataforma-de-trading-cripto-Uphold-se-va-de-Venezuela-1024x573.jpg 1024w, https://bitfinance.news/wp-content/uploads/2022/06/La-plataforma-de-trading-cripto-Uphold-se-va-de-Venezuela-768x430.jpg 768w" sizes="(max-width: 1302px) 100vw, 1302px" /></div><p style="text-align: justify;">The <strong>Uphold platform </strong>reported, through a statement, its decision to withdraw from the <strong>Venezuelan market</strong> due to the complexity of complying with the sanctions established by the United States and asked its clients to <strong>withdraw funds</strong> from its platform as quickly as possible.</p>
<p style="text-align: justify;">According to what was expressed in the statement, the platform will not accept more <strong>deposits from people residing in Venezuela</strong> and will <strong>close all accounts</strong> that have a zero balance.</p>
<p style="text-align: justify;">The statement states the following: “We are very sorry to inform you that Uphold has decided to withdraw from Venezuela due to the increasing complexity of complying with United States sanctions. Venezuela was one of the first countries to welcome Uphold, and we love serving our customers.”</p>
<h2 style="text-align: justify;">Venezuelans must withdraw funds by the end of July</h2>
<p style="text-align: justify;">The London-based company advised its clients in <strong>Venezuela</strong> to withdraw their capital from the platform as <strong>quickly as possible</strong>. The trading service will be offered until July 31 and from September 30 the accounts will be <strong>totally restricted</strong>.</p>
<p style="text-align: justify;">As expressed by the company, it is important to speed up the withdrawal of funds by Venezuelan clients since after September 30 the process will be slower because it must go through the company&#8217;s <strong>customer service team for approval.</strong></p>
<p style="text-align: justify;">At the time of withdrawing the funds, the company may request that the client answer a questionnaire that will allow the withdrawal to be managed in accordance with the <strong>regulations established by the United States</strong>.</p>
<p style="text-align: justify;">In order to withdraw the funds, clients must convert the balance into a “level 1 asset (USD, GBP, EUR) to withdraw them through an existing bank account linked to their name, or into a level 3 asset to withdraw them to an external <strong>crypto wallet</strong> explained the company in its statement.</p>
<p>M. Rodríguez</p>
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<p>Source: <a href="https://www.analitica.com/economia/la-plataforma-uphold-se-va-de-venezuela/" target="_blank" rel="noopener">analitica.com</a></p>
<p>La entrada <a rel="nofollow" href="https://bitfinance.news/en/crypto-trading-platform-uphold-is-leaving-venezuela/">Crypto trading platform Uphold is leaving Venezuela</a> apareció primero en <a rel="nofollow" href="https://bitfinance.news/en">Bitfinance</a>.</p>
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