According to a Chainalysis report, Venezuela's cryptocurrency transaction volume over the past year reached approximately $44.6 billion. Data shows that from July 2024 to June 2025, most local transactions come from small wallet users with balances below $10,000, indicating that the market is primarily driven by retail investors. Although the Venezuelan government has attempted to regulate the industry by establishing the national cryptocurrency regulatory agency SUNACRIP and launching the official cryptocurrency Petro, many citizens still prefer to use international cryptocurrency exchanges. (CriptoNoticias)