The Venezuelan real estate market is rapidly adopting BTC and the stablecoin USDT for property transactions.

2025-12-04 12:28:40

According to TechFlow, on December 4, CriptoNoticias reported that the Venezuelan real estate market is accelerating its adoption of BTC and the stablecoin USDT for property transactions. Fernando Di Jerónimo, president of the Caracas Metropolitan Chamber of Real Estate, confirmed that real estate transactions using cryptocurrencies have become frequent in the country, mainly concentrated in high-end areas of the capital such as Chacao, Baruta, El Hatillo, and the Las Mercedes business district.

It is reported that these transactions are carried out through cryptocurrency exchanges with instant payments, covering various types of properties from residential apartments to office buildings. Many transactions are completed in installments by overseas buyers. Di Jerónimo stated that although Venezuela has had a “Crypto Asset Law” since 2020, the relevant regulatory provisions are still incomplete and lack a comprehensive legal framework. He also warned that the lack of regulation could lead to some transactions evading taxes.

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