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venezuela
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“I even pay up to the Metro with cryptocurrency cards”: users in Venezuela speak
The Binance, OKX and Bybit options are already up and running in the country, and they are used for both local payments and purchases abroad.
It was the fifth time Luis Briceño tried to pay his Netflix subscription using the prepaid card from Banco de Venezuela, and the same error appeared: “Unable to process.” Frustration took over, but he remembered that crypto cards are already available, connecting Venezuelans with overseas commerce.
Briceño, a merchant, then decided to test one of the alternatives that have begun to gain traction in the country. His experience with the OKX card was, as he told CriptoNoticias, radically different.
“It's been phenomenal,” he said. He used it to buy Amazon gift cards, pay subscriptions to streaming services, and even Adobe products.
But there was one test that ultimately showed him how far the tool could go: he tried to make a payment at a point-of-sale terminal located in the Caracas Metro transportation system.
He said he topped up his OKX card, linked it with Apple Pay, and held his phone—equipped with near-field communication technology (NFC)—up to the point-of-sale terminal with the self-recharge system of the mass transit service in the Venezuelan capital.
The payment was processed successfully, and the USDT were debited properly from the user’s account.
For Briceño, the anecdote has an importance that goes beyond being able to cancel a subscription or buy a product.
The card turns cryptocurrencies such as USD Tether (USDT) and USD Coin (USDC) into a payment method that can be used in establishments where, in principle, the consumer does not need to interact directly with a cryptocurrency network
#venezuela #BinanceExplorers
{future}(USDCUSDT)
“I even pay up to the Metro with cryptocurrency cards”: users in Venezuela speak
The Binance, OKX and Bybit options are already up and running in the country, and they are used for both local payments and purchases abroad.
It was the fifth time Luis Briceño tried to pay his Netflix subscription using the prepaid card from Banco de Venezuela, and the same error appeared: “Unable to process.” Frustration took over, but he remembered that crypto cards are already available, connecting Venezuelans with overseas commerce.
Briceño, a merchant, then decided to test one of the alternatives that have begun to gain traction in the country. His experience with the OKX card was, as he told CriptoNoticias, radically different.
“It's been phenomenal,” he said. He used it to buy Amazon gift cards, pay subscriptions to streaming services, and even Adobe products.
But there was one test that ultimately showed him how far the tool could go: he tried to make a payment at a point-of-sale terminal located in the Caracas Metro transportation system.
He said he topped up his OKX card, linked it with Apple Pay, and held his phone—equipped with near-field communication technology (NFC)—up to the point-of-sale terminal with the self-recharge system of the mass transit service in the Venezuelan capital.
The payment was processed successfully, and the USDT were debited properly from the user’s account.
For Briceño, the anecdote has an importance that goes beyond being able to cancel a subscription or buy a product.
The card turns cryptocurrencies such as USD Tether (USDT) and USD Coin (USDC) into a payment method that can be used in establishments where, in principle, the consumer does not need to interact directly with a cryptocurrency network
#venezuela #BinanceExplorers
The Binance, OKX and Bybit options are already up and running in the country, and they are used for both local payments and purchases abroad.
It was the fifth time Luis Briceño tried to pay his Netflix subscription using the prepaid card from Banco de Venezuela, and the same error appeared: “Unable to process.” Frustration took over, but he remembered that crypto cards are already available, connecting Venezuelans with overseas commerce.
Briceño, a merchant, then decided to test one of the alternatives that have begun to gain traction in the country. His experience with the OKX card was, as he told CriptoNoticias, radically different.
“It's been phenomenal,” he said. He used it to buy Amazon gift cards, pay subscriptions to streaming services, and even Adobe products.
But there was one test that ultimately showed him how far the tool could go: he tried to make a payment at a point-of-sale terminal located in the Caracas Metro transportation system.
He said he topped up his OKX card, linked it with Apple Pay, and held his phone—equipped with near-field communication technology (NFC)—up to the point-of-sale terminal with the self-recharge system of the mass transit service in the Venezuelan capital.
The payment was processed successfully, and the USDT were debited properly from the user’s account.
For Briceño, the anecdote has an importance that goes beyond being able to cancel a subscription or buy a product.
The card turns cryptocurrencies such as USD Tether (USDT) and USD Coin (USDC) into a payment method that can be used in establishments where, in principle, the consumer does not need to interact directly with a cryptocurrency network
#venezuela #BinanceExplorers
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The bolívar seeks to curb the dollar!
The #BCV decrees mandatory interest payments on current accounts and raises yields up to 46%
The Central Bank of #venezuela (BCV) has activated a key measure in its monetary strategy to encourage the holding of funds in local currency and discourage the purchase of foreign exchange as a safe haven. As of today, September 15, 2026, a new scheme goes into effect that requires banks to increase passive yields.
Interest on current accounts: All banking instruments will be remunerated without exception. Demand deposits and current accounts will carry a minimum annual rate of 10%.
Increase in savings accounts: The minimum return rate for savings accounts rises by 10 percentage points, going from 32% to 42% per year.
Boost for fixed-term deposits: Fixed-term deposits increase their minimum annual rate from 36% to 46%, while keeping the freedom for each banking institution to pay higher percentages according to its commercial policies.
Monetary anchoring and impact: The issuing institute treats interest rates as a direct channel for macroeconomic stabilization, aiming to absorb liquidity, strengthen demand for bolívares, and contain price pressures.
#CryptoNews
$BTC
{future}(BTCUSDT)
$SOL
{future}(SOLUSDT)
$XRP
{future}(XRPUSDT)
The bolívar seeks to curb the dollar!
The #BCV decrees mandatory interest payments on current accounts and raises yields up to 46%
The Central Bank of #venezuela (BCV) has activated a key measure in its monetary strategy to encourage the holding of funds in local currency and discourage the purchase of foreign exchange as a safe haven. As of today, September 15, 2026, a new scheme goes into effect that requires banks to increase passive yields.
Interest on current accounts: All banking instruments will be remunerated without exception. Demand deposits and current accounts will carry a minimum annual rate of 10%.
Increase in savings accounts: The minimum return rate for savings accounts rises by 10 percentage points, going from 32% to 42% per year.
Boost for fixed-term deposits: Fixed-term deposits increase their minimum annual rate from 36% to 46%, while keeping the freedom for each banking institution to pay higher percentages according to its commercial policies.
Monetary anchoring and impact: The issuing institute treats interest rates as a direct channel for macroeconomic stabilization, aiming to absorb liquidity, strengthen demand for bolívares, and contain price pressures.
#CryptoNews
$BTC
$SOL
$XRP
The #BCV decrees mandatory interest payments on current accounts and raises yields up to 46%
The Central Bank of #venezuela (BCV) has activated a key measure in its monetary strategy to encourage the holding of funds in local currency and discourage the purchase of foreign exchange as a safe haven. As of today, September 15, 2026, a new scheme goes into effect that requires banks to increase passive yields.
Interest on current accounts: All banking instruments will be remunerated without exception. Demand deposits and current accounts will carry a minimum annual rate of 10%.
Increase in savings accounts: The minimum return rate for savings accounts rises by 10 percentage points, going from 32% to 42% per year.
Boost for fixed-term deposits: Fixed-term deposits increase their minimum annual rate from 36% to 46%, while keeping the freedom for each banking institution to pay higher percentages according to its commercial policies.
Monetary anchoring and impact: The issuing institute treats interest rates as a direct channel for macroeconomic stabilization, aiming to absorb liquidity, strengthen demand for bolívares, and contain price pressures.
#CryptoNews
$BTC
$SOL
$XRP
elpagua:
Sobretodo ahorrar en Bs 😆
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ENI and oil: a breath of fresh air for the dollar and P2P in Venezuela?📊 ENI returns to Venezuela: What’s behind the agreement?
The news shook the energy landscape: the Italian oil company Eni SpA confirmed that it is working with Venezuelan authorities to reactivate the oil sector, amid a context in which the United States seeks significant control over the industry. While Donald Trump’s government proposes taking a 55% stake in a joint venture that would encompass about 65,000 million barrels of proven reserves, ENI is negotiating new contracts for the Junín-5 and Corocoro projects, and a gas export agreement for the Perla field.
ENI and oil: a breath of fresh air for the dollar and P2P in Venezuela?
📊 ENI returns to Venezuela: What’s behind the agreement?
The news shook the energy landscape: the Italian oil company Eni SpA confirmed that it is working with Venezuelan authorities to reactivate the oil sector, amid a context in which the United States seeks significant control over the industry. While Donald Trump’s government proposes taking a 55% stake in a joint venture that would encompass about 65,000 million barrels of proven reserves, ENI is negotiating new contracts for the Junín-5 and Corocoro projects, and a gas export agreement for the Perla field.
The news shook the energy landscape: the Italian oil company Eni SpA confirmed that it is working with Venezuelan authorities to reactivate the oil sector, amid a context in which the United States seeks significant control over the industry. While Donald Trump’s government proposes taking a 55% stake in a joint venture that would encompass about 65,000 million barrels of proven reserves, ENI is negotiating new contracts for the Junín-5 and Corocoro projects, and a gas export agreement for the Perla field.
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Tokenized oil positions Venezuela as its next testing ground
A groundbreaking intersection of energy, geopolitics, and cryptocurrencies turns Venezuela into the ultimate proving ground for crude oil tokenization
At first glance, the news sounds like a casting mix-up. Fred Ehrsam, cofounder of Coinbase and venture capital fund Paradigm, is negotiating operational control of three oil fields in Venezuela.
The fields in question are the Boca, Guico, and Guara blocks, located in the Orinoco Oil Belt and currently operated by the Brazilian firm Alvorada Heavy Industries. According to sources cited by Bloomberg, U.S. authorities are assessing revoking those contracts in order to reassign them to investors more aligned with the Trump administration.
Ehrsam channels the deal through Primavera, his personal investment vehicle. Neither Coinbase nor Paradigm is involved. The agreement—still under negotiation and without public confirmation—forms part of a broader strategy that also includes gas, financial technology, and digital payments.
The multi-billionaire is not a newcomer. He has made several trips to Caracas since at least May 2026 and, according to Bloomberg, has become “one of the most visible and high-profile foreign investors” exploring opportunities in an economy that is beginning to reopen after years of sanctions and crisis.
$BTC $BNB $ZEC
#newsdaily #venezuela
Tokenized oil positions Venezuela as its next testing ground
A groundbreaking intersection of energy, geopolitics, and cryptocurrencies turns Venezuela into the ultimate proving ground for crude oil tokenization
At first glance, the news sounds like a casting mix-up. Fred Ehrsam, cofounder of Coinbase and venture capital fund Paradigm, is negotiating operational control of three oil fields in Venezuela.
The fields in question are the Boca, Guico, and Guara blocks, located in the Orinoco Oil Belt and currently operated by the Brazilian firm Alvorada Heavy Industries. According to sources cited by Bloomberg, U.S. authorities are assessing revoking those contracts in order to reassign them to investors more aligned with the Trump administration.
Ehrsam channels the deal through Primavera, his personal investment vehicle. Neither Coinbase nor Paradigm is involved. The agreement—still under negotiation and without public confirmation—forms part of a broader strategy that also includes gas, financial technology, and digital payments.
The multi-billionaire is not a newcomer. He has made several trips to Caracas since at least May 2026 and, according to Bloomberg, has become “one of the most visible and high-profile foreign investors” exploring opportunities in an economy that is beginning to reopen after years of sanctions and crisis.
$BTC $BNB $ZEC
#newsdaily #venezuela
A groundbreaking intersection of energy, geopolitics, and cryptocurrencies turns Venezuela into the ultimate proving ground for crude oil tokenization
At first glance, the news sounds like a casting mix-up. Fred Ehrsam, cofounder of Coinbase and venture capital fund Paradigm, is negotiating operational control of three oil fields in Venezuela.
The fields in question are the Boca, Guico, and Guara blocks, located in the Orinoco Oil Belt and currently operated by the Brazilian firm Alvorada Heavy Industries. According to sources cited by Bloomberg, U.S. authorities are assessing revoking those contracts in order to reassign them to investors more aligned with the Trump administration.
Ehrsam channels the deal through Primavera, his personal investment vehicle. Neither Coinbase nor Paradigm is involved. The agreement—still under negotiation and without public confirmation—forms part of a broader strategy that also includes gas, financial technology, and digital payments.
The multi-billionaire is not a newcomer. He has made several trips to Caracas since at least May 2026 and, according to Bloomberg, has become “one of the most visible and high-profile foreign investors” exploring opportunities in an economy that is beginning to reopen after years of sanctions and crisis.
$BTC $BNB $ZEC
#newsdaily #venezuela
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🚨🚨🚨ATTENTION VERY MUCH ATTENTION 🚨🚨🚨
dear audience I bring you great news: Venezuela is entering a stage where we have to invest if we want to get new results, like Chevron $GOLD.US #oil great giants in these industries are already getting involved in Venezuela in several states of Venezuela. The strongest point is electricity and gold, so watch out for this information—soon new news and real results will arrive $IAUon $BTCDOM #venezuela #FedRateWatch #ClarityActOddsHalveOnPolymarket #BessentEndorsesFinalClarityActDraft
{stock_us}(GOLD.US)
{future}(BTCDOMUSDT)
🚨🚨🚨ATTENTION VERY MUCH ATTENTION 🚨🚨🚨
dear audience I bring you great news: Venezuela is entering a stage where we have to invest if we want to get new results, like Chevron $GOLD.US #oil great giants in these industries are already getting involved in Venezuela in several states of Venezuela. The strongest point is electricity and gold, so watch out for this information—soon new news and real results will arrive $IAUon $BTCDOM #venezuela #FedRateWatch #ClarityActOddsHalveOnPolymarket #BessentEndorsesFinalClarityActDraft
dear audience I bring you great news: Venezuela is entering a stage where we have to invest if we want to get new results, like Chevron $GOLD.US #oil great giants in these industries are already getting involved in Venezuela in several states of Venezuela. The strongest point is electricity and gold, so watch out for this information—soon new news and real results will arrive $IAUon $BTCDOM #venezuela #FedRateWatch #ClarityActOddsHalveOnPolymarket #BessentEndorsesFinalClarityActDraft
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🇻🇪 The BCV dollar is located at US$ Bs.846,51 ⏫️, $USDT 960,60 Bs, Currency Gap USDT ♻️ BCV 13,1% 🔻 #Bitcoin US$75.000 🔻🐻🩸#Ethereum US$2.300 🔻 #BNB US$710 🔻. $ experiences an increase of 4,31 Bs. #venezuela
🇻🇪 The BCV dollar is located at US$ Bs.846,51 ⏫️, $USDT 960,60 Bs, Currency Gap USDT ♻️ BCV 13,1% 🔻 #Bitcoin US$75.000 🔻🐻🩸#Ethereum US$2.300 🔻 #BNB US$710 🔻. $ experiences an increase of 4,31 Bs. #venezuela
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The United States seeks to consolidate its position as Venezuela’s leading agri-food supplierThe package of measurement measures announced by the U.S. Department of Agriculture seeks to provide commercial and institutional safeguards to a market that is on the rise and that, in 2026, is moving nearly US$700 million.
The United States seeks to consolidate its position as Venezuela’s leading agri-food supplier with a battery of programs it announced last week that combine commercial promotion, import financing, technical training, and food assistance— a decision supported by the new framework of economic and political relations between the two countries.
The United States seeks to consolidate its position as Venezuela’s leading agri-food supplier
The package of measurement measures announced by the U.S. Department of Agriculture seeks to provide commercial and institutional safeguards to a market that is on the rise and that, in 2026, is moving nearly US$700 million.
The United States seeks to consolidate its position as Venezuela’s leading agri-food supplier with a battery of programs it announced last week that combine commercial promotion, import financing, technical training, and food assistance— a decision supported by the new framework of economic and political relations between the two countries.
The United States seeks to consolidate its position as Venezuela’s leading agri-food supplier with a battery of programs it announced last week that combine commercial promotion, import financing, technical training, and food assistance— a decision supported by the new framework of economic and political relations between the two countries.
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BCV differentiates by deposit terms for legal reserve requirements and strengthens penaltiesfor deficit
The legal reserve requirement remains at 73%, but this proportion will be applied to the total amount of net on-demand and savings obligations, while it is reduced to 50% for net time obligations.
The Central Bank of Venezuela (BCV) significantly increased costs for banks that incur a shortfall in the legal reserve requirement by establishing that the base annual interest rate for charging this eventuality will rise from 48.8 to 144 additional percentage points over the rate set by the issuer in its ordinary discount, rediscount, and advance operations.
BCV differentiates by deposit terms for legal reserve requirements and strengthens penalties
for deficit
The legal reserve requirement remains at 73%, but this proportion will be applied to the total amount of net on-demand and savings obligations, while it is reduced to 50% for net time obligations.
The Central Bank of Venezuela (BCV) significantly increased costs for banks that incur a shortfall in the legal reserve requirement by establishing that the base annual interest rate for charging this eventuality will rise from 48.8 to 144 additional percentage points over the rate set by the issuer in its ordinary discount, rediscount, and advance operations.
The legal reserve requirement remains at 73%, but this proportion will be applied to the total amount of net on-demand and savings obligations, while it is reduced to 50% for net time obligations.
The Central Bank of Venezuela (BCV) significantly increased costs for banks that incur a shortfall in the legal reserve requirement by establishing that the base annual interest rate for charging this eventuality will rise from 48.8 to 144 additional percentage points over the rate set by the issuer in its ordinary discount, rediscount, and advance operations.
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United States stalls the investigation in Spain of Alejandro Betancourt, its new ‘oil czar’ in Venezuela
Spanish justice has been waiting for more than nine months for a response to a request for cooperation. The judge warns that if no reply is received by December, he will archive the case for the second time
The judicial situation surrounding Venezuelan businessman Alejandro Betancourt highlights the complex intersection between energy geopolitics and international judicial cooperation.
Situation
* The Procedural Obstacle: The judge of Spain’s National Court, Santiago Pedraz, has been waiting for more than nine months for a response to a letter rogatory sent to the United States. This request is critical because it seeks to take statements from five key witnesses who were already convicted in U.S. territory in corruption schemes linked to PDVSA. Without these testimonies, Spanish justice lacks the indispensable evidentiary elements to support the charge of a preceding crime for alleged money laundering and tax evasion.
United States stalls the investigation in Spain of Alejandro Betancourt, its new ‘oil czar’
in Venezuela
Spanish justice has been waiting for more than nine months for a response to a request for cooperation. The judge warns that if no reply is received by December, he will archive the case for the second time
The judicial situation surrounding Venezuelan businessman Alejandro Betancourt highlights the complex intersection between energy geopolitics and international judicial cooperation.
Situation
* The Procedural Obstacle: The judge of Spain’s National Court, Santiago Pedraz, has been waiting for more than nine months for a response to a letter rogatory sent to the United States. This request is critical because it seeks to take statements from five key witnesses who were already convicted in U.S. territory in corruption schemes linked to PDVSA. Without these testimonies, Spanish justice lacks the indispensable evidentiary elements to support the charge of a preceding crime for alleged money laundering and tax evasion.
Spanish justice has been waiting for more than nine months for a response to a request for cooperation. The judge warns that if no reply is received by December, he will archive the case for the second time
The judicial situation surrounding Venezuelan businessman Alejandro Betancourt highlights the complex intersection between energy geopolitics and international judicial cooperation.
Situation
* The Procedural Obstacle: The judge of Spain’s National Court, Santiago Pedraz, has been waiting for more than nine months for a response to a letter rogatory sent to the United States. This request is critical because it seeks to take statements from five key witnesses who were already convicted in U.S. territory in corruption schemes linked to PDVSA. Without these testimonies, Spanish justice lacks the indispensable evidentiary elements to support the charge of a preceding crime for alleged money laundering and tax evasion.
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$USDT starts the week around 960 Bs in P2PWhy does the start of the week always shake the price of the digital dollar in Venezuela?
We’re kicking off this Monday, September 14, with more than 230 active orders in the P2P market and buy-side pressure that pushes the $USDT quotes up to 963,52 Bs at the top of the offer, versus average sell bids at 919,33 Bs. However, within the most liquid order book on Binance P2P, the internal spread compresses dramatically: buys at 952,82 Bs and sells at 949,60 Bs.
$USDT starts the week around 960 Bs in P2P
Why does the start of the week always shake the price of the digital dollar in Venezuela?
We’re kicking off this Monday, September 14, with more than 230 active orders in the P2P market and buy-side pressure that pushes the $USDT quotes up to 963,52 Bs at the top of the offer, versus average sell bids at 919,33 Bs. However, within the most liquid order book on Binance P2P, the internal spread compresses dramatically: buys at 952,82 Bs and sells at 949,60 Bs.
We’re kicking off this Monday, September 14, with more than 230 active orders in the P2P market and buy-side pressure that pushes the $USDT quotes up to 963,52 Bs at the top of the offer, versus average sell bids at 919,33 Bs. However, within the most liquid order book on Binance P2P, the internal spread compresses dramatically: buys at 952,82 Bs and sells at 949,60 Bs.
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Article
It is likely that in the coming months we will «see a wage adjustment» in the country, according to an economistJesús Palacios Chacín, an economist, noted that Venezuela » has been receiving an increasing flow of oil revenues».
The economist and university professor, Jesús Palacios Chacín, said that «it is likely» that in the coming months a wage adjustment will be seen in the country.
Likewise, he added that «the challenge of increasing wages is very closely linked, in both the public and private sectors, to an extremely high burden of labor liabilities that current law has».
«I think we are in the middle today of discussions about the labor framework, about the country’s labor laws. Probably, given the current situation, we need to think about contingency frameworks: a framework that allows for rapid attention to an emergency, just as there is a minimum income around 240 dollars, as I said. The Basic Basket is above 650 dollars. This creates a significant gap between what is the basic consumption of a household, but there is a gap between the minimum income and that basket,» he emphasized.
It is likely that in the coming months we will «see a wage adjustment» in the country, according to an economist
Jesús Palacios Chacín, an economist, noted that Venezuela » has been receiving an increasing flow of oil revenues».
The economist and university professor, Jesús Palacios Chacín, said that «it is likely» that in the coming months a wage adjustment will be seen in the country.
Likewise, he added that «the challenge of increasing wages is very closely linked, in both the public and private sectors, to an extremely high burden of labor liabilities that current law has».
«I think we are in the middle today of discussions about the labor framework, about the country’s labor laws. Probably, given the current situation, we need to think about contingency frameworks: a framework that allows for rapid attention to an emergency, just as there is a minimum income around 240 dollars, as I said. The Basic Basket is above 650 dollars. This creates a significant gap between what is the basic consumption of a household, but there is a gap between the minimum income and that basket,» he emphasized.
The economist and university professor, Jesús Palacios Chacín, said that «it is likely» that in the coming months a wage adjustment will be seen in the country.
Likewise, he added that «the challenge of increasing wages is very closely linked, in both the public and private sectors, to an extremely high burden of labor liabilities that current law has».
«I think we are in the middle today of discussions about the labor framework, about the country’s labor laws. Probably, given the current situation, we need to think about contingency frameworks: a framework that allows for rapid attention to an emergency, just as there is a minimum income around 240 dollars, as I said. The Basic Basket is above 650 dollars. This creates a significant gap between what is the basic consumption of a household, but there is a gap between the minimum income and that basket,» he emphasized.
Rebecka Reeber YCGh:
esperamos una respuesta pronto , ya que no sabemos dónde está el dinero y que han hecho con el mismo 🤷
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🚨
MACRO REPORT: THE EXCHANGE-RATE GAP AND FINANCIAL REALITY 🇻🇪💸📉👽✌🏼The distance between economic promises and the citizen’s wallet is measured today in milliseconds through the P2P market. ⚡️ While narratives point to a recovery based on higher energy flows 🛢️, the data confirm a structural distortion that shifts the real economy toward digital coverage channels. 📲
🎭 Official Fiction vs. The P2P Market 📊
The benchmark rate of the Central Bank of Venezuela (BCV), set at 842.21 Bs/USD 🏦, coexists with a real quotation on Binance P2P that is around 965.89 Bs/USDT 🪙. This disparity creates an exchange-rate gap of 14.7% ⚠️, which translates into an additional 123.68 Bs for each dollar traded in the free circuit. 💸
🚨 MACRO REPORT: THE EXCHANGE-RATE GAP AND FINANCIAL REALITY 🇻🇪💸📉
👽✌🏼The distance between economic promises and the citizen’s wallet is measured today in milliseconds through the P2P market. ⚡️ While narratives point to a recovery based on higher energy flows 🛢️, the data confirm a structural distortion that shifts the real economy toward digital coverage channels. 📲
🎭 Official Fiction vs. The P2P Market 📊
The benchmark rate of the Central Bank of Venezuela (BCV), set at 842.21 Bs/USD 🏦, coexists with a real quotation on Binance P2P that is around 965.89 Bs/USDT 🪙. This disparity creates an exchange-rate gap of 14.7% ⚠️, which translates into an additional 123.68 Bs for each dollar traded in the free circuit. 💸
🎭 Official Fiction vs. The P2P Market 📊
The benchmark rate of the Central Bank of Venezuela (BCV), set at 842.21 Bs/USD 🏦, coexists with a real quotation on Binance P2P that is around 965.89 Bs/USDT 🪙. This disparity creates an exchange-rate gap of 14.7% ⚠️, which translates into an additional 123.68 Bs for each dollar traded in the free circuit. 💸
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A former Venezuelan parliamentarian said that the national oil industry “needs clear rules andinstitutional “trust”
The jurist Jesús Eduardo Troconis Heredia states that the country’s recovery depends on consolidating institutional legality, attracting international oil investment, and strengthening relations with the United States
Doctor Jesús Eduardo Troconis is a lawyer, professor, and writer, a former Venezuelan parliamentarian
“Oil contracts do not imply transfer of ownership of hydrocarbons,” is what doctor Jesús Eduardo Troconis Heredia highlights in a conversation with Infobae regarding the oil agreements between the Venezuelan regime and the administration of the United States. He states that the Venezuelan legal regime for hydrocarbons is subject to principles and conditions that determine the validity of any contract related to oil and gas exploitation.
A former Venezuelan parliamentarian said that the national oil industry “needs clear rules and
institutional “trust”
The jurist Jesús Eduardo Troconis Heredia states that the country’s recovery depends on consolidating institutional legality, attracting international oil investment, and strengthening relations with the United States
Doctor Jesús Eduardo Troconis is a lawyer, professor, and writer, a former Venezuelan parliamentarian
“Oil contracts do not imply transfer of ownership of hydrocarbons,” is what doctor Jesús Eduardo Troconis Heredia highlights in a conversation with Infobae regarding the oil agreements between the Venezuelan regime and the administration of the United States. He states that the Venezuelan legal regime for hydrocarbons is subject to principles and conditions that determine the validity of any contract related to oil and gas exploitation.
The jurist Jesús Eduardo Troconis Heredia states that the country’s recovery depends on consolidating institutional legality, attracting international oil investment, and strengthening relations with the United States
Doctor Jesús Eduardo Troconis is a lawyer, professor, and writer, a former Venezuelan parliamentarian
“Oil contracts do not imply transfer of ownership of hydrocarbons,” is what doctor Jesús Eduardo Troconis Heredia highlights in a conversation with Infobae regarding the oil agreements between the Venezuelan regime and the administration of the United States. He states that the Venezuelan legal regime for hydrocarbons is subject to principles and conditions that determine the validity of any contract related to oil and gas exploitation.
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Oil deal with the U.S.: what does it mean for the dollar and P2P in Venezuela?## The agreement and its questions
The news of the energy agreement between the United States and Venezuela has shaken the country’s economic landscape. With a projected income of 209,000 million dollars over 25 years, the deal could represent a historic turning point for the Venezuelan economy. However, attorney José Ignacio Hernández warns that an agreement of this magnitude needs legal controls and even legislative authorizations—something that, in the current context of the country, is difficult to guarantee.
Oil deal with the U.S.: what does it mean for the dollar and P2P in Venezuela?
## The agreement and its questions
The news of the energy agreement between the United States and Venezuela has shaken the country’s economic landscape. With a projected income of 209,000 million dollars over 25 years, the deal could represent a historic turning point for the Venezuelan economy. However, attorney José Ignacio Hernández warns that an agreement of this magnitude needs legal controls and even legislative authorizations—something that, in the current context of the country, is difficult to guarantee.
The news of the energy agreement between the United States and Venezuela has shaken the country’s economic landscape. With a projected income of 209,000 million dollars over 25 years, the deal could represent a historic turning point for the Venezuelan economy. However, attorney José Ignacio Hernández warns that an agreement of this magnitude needs legal controls and even legislative authorizations—something that, in the current context of the country, is difficult to guarantee.
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News friends, Uphold platform returns to Venezuela after more than 7 years blocked for Venezuelans. Good news for the app opening for Venezuelans #NoticiasMundo #venezuela #Uphold
News friends, Uphold platform returns to Venezuela after more than 7 years blocked for Venezuelans. Good news for the app opening for Venezuelans #NoticiasMundo #venezuela #Uphold
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The #trumplovers abandons the channel; let it go nicely with his gringa homeland...😅 The day that that gentleman does something good for my country, I will highlight it; for now, the situation under his command does not improve...🤷♂️
💥President Donald Trump: "Now Venezuela is very happy because it was living through a difficult situation, and now the oil companies are coming in; a lot of money is being made. Surely he had nothing to do with the 'difficult' situation that we lived and are living...🙄
💥President Donald Trump stated that Venezuela will have elections when the country is ready. We’re preschool kids so that a foreigner can tell us when to do things in our own country...🙄
#venezuela #DonaldTrump #TRUMP #EstafaoresVenezuela $BTC $CL $BZ
The #trumplovers abandons the channel; let it go nicely with his gringa homeland...😅 The day that that gentleman does something good for my country, I will highlight it; for now, the situation under his command does not improve...🤷♂️
💥President Donald Trump: "Now Venezuela is very happy because it was living through a difficult situation, and now the oil companies are coming in; a lot of money is being made. Surely he had nothing to do with the 'difficult' situation that we lived and are living...🙄
💥President Donald Trump stated that Venezuela will have elections when the country is ready. We’re preschool kids so that a foreigner can tell us when to do things in our own country...🙄
#venezuela #DonaldTrump #TRUMP #EstafaoresVenezuela $BTC $CL $BZ
💥President Donald Trump: "Now Venezuela is very happy because it was living through a difficult situation, and now the oil companies are coming in; a lot of money is being made. Surely he had nothing to do with the 'difficult' situation that we lived and are living...🙄
💥President Donald Trump stated that Venezuela will have elections when the country is ready. We’re preschool kids so that a foreigner can tell us when to do things in our own country...🙄
#venezuela #DonaldTrump #TRUMP #EstafaoresVenezuela $BTC $CL $BZ
noticias actualizadas:
peleamos por el país pero los políticos que supuestamente eran de opocision enfriaron las calle se vendieron al gobierno por treinta monedas de plata con falsos diálogos los gringos aprovecharon su oportunidad
10
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2.2k
🇻🇪Economist Jesús Palacios
Keeping ourselves trapped in the false dilemma between credit and devaluation is an error that has already cost the country dearly.
Lower levels of financing across the continent contrast with private companies that need substantial financing to maintain operating capacity, modernize, and grow.
🇻🇪Economist Jesús Palacios
In addition, the Venezuelan consumer, with major income limitations, needs consumer credit in order to finance spending on goods and services.
Before falling into that dilemma, the exchange-rate gap should be closed, allowing the official exchange rate to respond to supply and demand in the foreign-exchange market, and promoting growth with policies that encourage credit development in the financial system.
🇻🇪Henkel Garcia
This can also be viewed from a political standpoint.
The Bs created through credit, to some extent, compete with those issued by the State-BCV.
By curbing credit, State-BCV Bs would have a greater impact—something they are aiming for to support the legitimacy of performance.
In practice, they prefer that citizens see some effectiveness in public spending, rather than companies being able to improve their sales and operations with greater financing.
#venezuela #Macro #economy #macroeconomy #Credits $BTC
🇻🇪Economist Jesús Palacios
Keeping ourselves trapped in the false dilemma between credit and devaluation is an error that has already cost the country dearly.
Lower levels of financing across the continent contrast with private companies that need substantial financing to maintain operating capacity, modernize, and grow.
🇻🇪Economist Jesús Palacios
In addition, the Venezuelan consumer, with major income limitations, needs consumer credit in order to finance spending on goods and services.
Before falling into that dilemma, the exchange-rate gap should be closed, allowing the official exchange rate to respond to supply and demand in the foreign-exchange market, and promoting growth with policies that encourage credit development in the financial system.
🇻🇪Henkel Garcia
This can also be viewed from a political standpoint.
The Bs created through credit, to some extent, compete with those issued by the State-BCV.
By curbing credit, State-BCV Bs would have a greater impact—something they are aiming for to support the legitimacy of performance.
In practice, they prefer that citizens see some effectiveness in public spending, rather than companies being able to improve their sales and operations with greater financing.
#venezuela #Macro #economy #macroeconomy #Credits $BTC
Keeping ourselves trapped in the false dilemma between credit and devaluation is an error that has already cost the country dearly.
Lower levels of financing across the continent contrast with private companies that need substantial financing to maintain operating capacity, modernize, and grow.
🇻🇪Economist Jesús Palacios
In addition, the Venezuelan consumer, with major income limitations, needs consumer credit in order to finance spending on goods and services.
Before falling into that dilemma, the exchange-rate gap should be closed, allowing the official exchange rate to respond to supply and demand in the foreign-exchange market, and promoting growth with policies that encourage credit development in the financial system.
🇻🇪Henkel Garcia
This can also be viewed from a political standpoint.
The Bs created through credit, to some extent, compete with those issued by the State-BCV.
By curbing credit, State-BCV Bs would have a greater impact—something they are aiming for to support the legitimacy of performance.
In practice, they prefer that citizens see some effectiveness in public spending, rather than companies being able to improve their sales and operations with greater financing.
#venezuela #Macro #economy #macroeconomy #Credits $BTC
123
Asdrúbal Oliveros
Last week there was a meeting between the BCV and the banks:
The latest changes announced by the BCV for banking leave a sign that seems important to look beyond their immediate effects on the financial system.
Asdrúbal Oliveros
A sharp increase in the cost associated with reserve shortfalls was announced, along with higher minimum rates, significantly making intermediation more expensive and forcing banks to be even more selective when lending. In an economy where credit is already extraordinarily small, the expected outcome is less financing for businesses and households and a reduced capacity for the banking sector to support economic activity. Active and passive rates were also adjusted.
Asdrúbal Oliveros
These measures seem to anticipate a greater execution of public spending and, therefore, a higher amount of bolívares circulating over the coming months. And this happens, moreover, in a context where the allocation of foreign currency planned for September falls to about US$1.4 billion, an amount lower than what was on average liquidated during the previous quarter.
The combination is relevant: more potential pressure of bolívares on the foreign exchange market and, simultaneously, a lower supply of foreign currency. The BCV appears to be preparing for that scenario by strengthening monetary absorption mechanisms and making credit more expensive in order to contain pressures on the exchange rate and the gap.
Asdrúbal Oliveros
The problem is the cost of that strategy, as usual. The attempt is to protect the exchange front by sacrificing even more credit—precisely when the economy needs financing for investment, working capital, and consumption.
#venezuela #economy #Macro #macroeconomy #macroeconomic $BTC
Asdrúbal Oliveros
Last week there was a meeting between the BCV and the banks:
The latest changes announced by the BCV for banking leave a sign that seems important to look beyond their immediate effects on the financial system.
Asdrúbal Oliveros
A sharp increase in the cost associated with reserve shortfalls was announced, along with higher minimum rates, significantly making intermediation more expensive and forcing banks to be even more selective when lending. In an economy where credit is already extraordinarily small, the expected outcome is less financing for businesses and households and a reduced capacity for the banking sector to support economic activity. Active and passive rates were also adjusted.
Asdrúbal Oliveros
These measures seem to anticipate a greater execution of public spending and, therefore, a higher amount of bolívares circulating over the coming months. And this happens, moreover, in a context where the allocation of foreign currency planned for September falls to about US$1.4 billion, an amount lower than what was on average liquidated during the previous quarter.
The combination is relevant: more potential pressure of bolívares on the foreign exchange market and, simultaneously, a lower supply of foreign currency. The BCV appears to be preparing for that scenario by strengthening monetary absorption mechanisms and making credit more expensive in order to contain pressures on the exchange rate and the gap.
Asdrúbal Oliveros
The problem is the cost of that strategy, as usual. The attempt is to protect the exchange front by sacrificing even more credit—precisely when the economy needs financing for investment, working capital, and consumption.
#venezuela #economy #Macro #macroeconomy #macroeconomic $BTC
Last week there was a meeting between the BCV and the banks:
The latest changes announced by the BCV for banking leave a sign that seems important to look beyond their immediate effects on the financial system.
Asdrúbal Oliveros
A sharp increase in the cost associated with reserve shortfalls was announced, along with higher minimum rates, significantly making intermediation more expensive and forcing banks to be even more selective when lending. In an economy where credit is already extraordinarily small, the expected outcome is less financing for businesses and households and a reduced capacity for the banking sector to support economic activity. Active and passive rates were also adjusted.
Asdrúbal Oliveros
These measures seem to anticipate a greater execution of public spending and, therefore, a higher amount of bolívares circulating over the coming months. And this happens, moreover, in a context where the allocation of foreign currency planned for September falls to about US$1.4 billion, an amount lower than what was on average liquidated during the previous quarter.
The combination is relevant: more potential pressure of bolívares on the foreign exchange market and, simultaneously, a lower supply of foreign currency. The BCV appears to be preparing for that scenario by strengthening monetary absorption mechanisms and making credit more expensive in order to contain pressures on the exchange rate and the gap.
Asdrúbal Oliveros
The problem is the cost of that strategy, as usual. The attempt is to protect the exchange front by sacrificing even more credit—precisely when the economy needs financing for investment, working capital, and consumption.
#venezuela #economy #Macro #macroeconomy #macroeconomic $BTC
27
Article
The 4 areas of Fedecámaras' "Investment and Jobs Plan" for rebuilding the economyFelipe Capozzolo, president of Fedecámaras, highlighted that Venezuelan businesspeople «continue to bet on production, investment and the country's development, demonstrating resilience in the face of a complex environment».
The president of the Federation of Chambers and Associations of Commerce and Production of Venezuela (Fedecámaras), Felipe Capozzolo, said that the «Investment and Jobs Plan» created by the private institution covers 4 fundamental areas for the rebuilding of Venezuela's economy.
The 4 areas of Fedecámaras' "Investment and Jobs Plan" for rebuilding the economy
Felipe Capozzolo, president of Fedecámaras, highlighted that Venezuelan businesspeople «continue to bet on production, investment and the country's development, demonstrating resilience in the face of a complex environment».
The president of the Federation of Chambers and Associations of Commerce and Production of Venezuela (Fedecámaras), Felipe Capozzolo, said that the «Investment and Jobs Plan» created by the private institution covers 4 fundamental areas for the rebuilding of Venezuela's economy.
The president of the Federation of Chambers and Associations of Commerce and Production of Venezuela (Fedecámaras), Felipe Capozzolo, said that the «Investment and Jobs Plan» created by the private institution covers 4 fundamental areas for the rebuilding of Venezuela's economy.
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Good afternoon, blessings from Venezuela amid the country's exchange-rate gap. I recommend without a doubt that you plan your monthly expenses, and if there are surpluses in your income or something additional, bring #earn #Venezuela y use your #USDT whether as savings funds or for purchases with #Binancecard
Good afternoon, blessings from Venezuela amid the country's exchange-rate gap. I recommend without a doubt that you plan your monthly expenses, and if there are surpluses in your income or something additional, bring #earn #Venezuela y use your #USDT whether as savings funds or for purchases with #Binancecard
381
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