---
type: country
domain: web3-compliance
status: compiled
tags: [Legal, Restricted, Crypto Tax, Crypto Regulation, Country]
aliases: [Venezuela]
created: 2026-04-23
compile_into: ""
slug: country--venezuela
sources: "[./crypto-map/data.json#/VE, \"https://soken.io/crypto-map/countries/venezuela.html\"]"
source_url: "https://soken.io/crypto-map/countries/venezuela.html"
title: "Venezuela — Crypto Regulation 2026 | Soken"
description: Venezuela has a complex crypto landscape. The government launched the Petro (PTR) national cryptocurrency and created SUNACRIP to regulate crypto.
scraped_at: "2026-04-23T20:10:19.087441+00:00"
entry_type_raw: country
region: south_america
---

# Venezuela — Crypto Regulation 2026 | Soken

# 🇻🇪 Venezuela

Venezuela has a complex crypto landscape. The government launched the Petro (PTR) national cryptocurrency and created SUNACRIP to regulate crypto. Despite regulation, the environment is restrictive with licensing requirements and capital controls.

## Overview

|     |     |
| --- | --- |
| Status | **Restricted** |
| Risk Score | 80/100 (Very High Risk) |
| Region | south america |
| Currency | VES |
| Adoption Rank | #10 |

## Tax

|     |     |
| --- | --- |
| Capital Gains (Personal) | Varies; SUNACRIP imposes fees on crypto transactions |
| Capital Gains (Corporate) | 34% ISLR corporate tax |
| VAT on Crypto | No |
| Staking Tax | No specific guidance |
| Airdrop Tax | No specific guidance |

SUNACRIP regulates crypto taxation and fees. Crypto mining requires licensing. The government has imposed transaction fees on crypto exchanges.

## Licensing

|     |     |
| --- | --- |
| Required | Yes |
| Regulator | SUNACRIP / BCV |
| Framework | Decree on Crypto Assets (2018); SUNACRIP regulations |
| Ease | hard |
| Cost | $5,000 - $50,000 |

SUNACRIP was created to oversee crypto activities. The Petro was the world's first state-issued cryptocurrency (now largely defunct). Mining requires SUNACRIP registration. The environment is complicated by sanctions and capital controls.

## DeFi

**Status:** Unclear

No specific DeFi regulation. DeFi is used to circumvent capital controls.

## Stablecoins

**Status:** Restricted

Government promoted the Petro. Dollar-pegged stablecoins are widely used informally.

## NFTs

**Status:** no\_rules

No regulation.

## Mining

|     |     |
| --- | --- |
| Legal | Yes |
| Electricity | $0.002/kWh |
| Renewable | 68% |
| Infrastructure | poor |

Mining is legal but heavily restricted and controlled by government entities. Electricity is extremely cheap due to subsidies, but infrastructure is poor and unreliable.

## Geopolitics

|     |     |
| --- | --- |
| Stability | unstable |
| Sanctions | Yes |
| Corruption Index | 14/100 |
| Banking Access | very\_restricted |

Last reviewed: 2026-04-13 ·
Data source: [Soken Crypto Legal Map](https://soken.io/crypto-map/)

[← Back to Crypto Map](https://soken.io/crypto-map/)

We use Google Analytics and Microsoft Clarity (session replay) to understand how visitors use this site. These cookies only run after you accept. See our [Privacy Policy](https://soken.io/privacy-policy.html).

Reject allAccept all


<!-- soken-kb-wikilinks-v2 -->
[supranational--mercosur](https://soken.io/kb/crypto-map-countries/supranational--mercosur.md) [suriname](https://soken.io/crypto-map/countries/suriname.html) [uruguay](https://soken.io/crypto-map/countries/uruguay.html) [crypto-map](https://soken.io/crypto-map/) [index](https://soken.io/)


<!-- soken-kb-wikilinks -->
[uruguay](https://soken.io/crypto-map/countries/uruguay.html) [suriname](https://soken.io/crypto-map/countries/suriname.html) [supranational--mercosur](https://soken.io/kb/crypto-map-countries/supranational--mercosur.md) [index](https://soken.io/) [crypto-map](https://soken.io/crypto-map/) [crypto-map](https://soken.io/crypto-map/) [privacy-policy](https://soken.io/privacy-policy.html) [index](https://soken.io/)


<!-- soken-kb-augmented v1 -->
[privacy-policy](https://soken.io/privacy-policy.html)

---

## Translations