Venezuela’s cryptocurrency regulator, Sunacrip, has revoked the operating licenses of two crypto exchange platforms after finding that they failed to comply with the country’s current rules. The decision was announced on January 26 by Sunacrip superintendent Joselit Ramirez, who said the licenses of Criptomundo and Cave Blockchain had been withdrawn.
Authorized platforms were also identified
Alongside the enforcement action, Ramirez published a list of exchanges that remain authorized to operate in Venezuela. The approved platforms include Criptoactivos Amberes Coin, Asesoría Financiera IO, Criptoex, Criptoven Trade, Digital Factoring, Venecrip, and the government-run Patria Platform.
Sunacrip also noted that several other exchanges have authorization but are currently not operating because of technical issues. Those include Crixto Vzla, Exchange Vzla, Canjeable Ticketven, Financieras 1444, CriptoExchange, and Criptoactivos Bancar.
Binance and other global exchanges remain in a gray area
A key point in the announcement is what was not included. The published list did not mention several international exchanges used by Venezuelans, most notably Binance. According to the source material, Binance P2P has one of the largest exchange operations in the country, yet it was absent from the regulator’s list, raising fresh questions about its status under local rules.
The same uncertainty appears to apply to other foreign platforms that Venezuelan users rely on to buy, sell, and manage digital assets. Sunacrip warned users against using unauthorized services, arguing that approved providers offer greater legitimacy and clearer support in case problems arise. In practice, that means users of non-authorized platforms may have limited protections if disputes occur.
Broader compliance pressure is building
Venezuela has been one of the earlier Latin American countries to establish a broad regulatory framework for crypto activity. The report also notes that Sunacrip strengthened KYC requirements for virtual asset service providers on May 3 of last year. The latest license revocations suggest that the regulator is continuing to tighten compliance expectations for local operators while drawing sharper lines around the role of international exchanges in the Venezuelan market.