In Special Official Gazettes No. 6.370 and 6.371 of April 9, 2018, the following instruments were published: (a) Constituent Decree on Cryptoassets and the Petro Sovereign Cryptocurrency, issued by the National Constituent Assembly (the Cryptoassets Constituent Decree), (b) Decree No. 3.355 of the President of the Republic.
May 16, 2018
En Gaceta Oficial No. 41.329 de fecha 26 de enero de 2018, corregido en Gaceta Oficial No. 41.340 de fecha 14 de febrero de 2018, se publicó el Convenio Cambiario No. 39 mediante el cual se establece un nuevo sistema de operaciones en divisas, el cual regula tres tipos de operaciones: (a) subastas de divisas, llevadas a cabo a través de un nuevo sistema de tipo de cambio complementario flotante de mercado (“DICOM”), (b) operaciones directas de venta de divisas, y (c) operaciones de negociación en moneda nacional de títulos valores denominados en moneda extranjera emitidos por emisores del sector privado.
May 04, 2018
In Official Gazette No. 41.366 of March 22, 2018, Decree No. 3.332 of the president of the republic, which dictates the currency redenomination of the bolivar, was published.
April 30, 2018
In Special Official Gazette No. 6.300 of May 19, 2017, the following were published: Exchange Agreement No. 38, which establishes the new foreign currency system at the supplementary floating market exchange rate (DICOM), which operates in the form of auctions of foreign currency, and Resolution No. 17-05-01, which creates and regulates the Committee of Foreign Currency Auctions (the Committee).
June 09, 2017
Decree Nº 2.777 - public national companies shall hold all of their bank accounts in foreign currency in the Venezuelan Central Bank and/or in the Economic and Social Development Bank of Venezuela.
April 04, 2017
The Central Bank of Venezuela (Banco Central de Venezuela - BCV) published Exchange Agreement No. 35 in Official Gazette No. 40,865 of March 9, 2016.
March 16, 2016
The Presidency of the Republic published in the Official Gazette No. 6,210 Extraordinary, dated December 30, 2015.
January 07, 2016
The Presidency of the Republic published in the Official Gazette No. 6,211 Extraordinary, dated December 30, 2015, Decree No. 2,179.
An estimated 27% of global spending on mining exploration during 2014 was allocated to Latin America, according to SNL Metals & Mining.
June 03, 2015
Resolution No. 010 of the People’s Ministry for Water and Air Transport (the Resolution) was published in Official Gazette No. 40,368 of March 10, 2014.
March 21, 2014