The Venezuelan government has recently imposed restrictions on several online platforms, including the cryptocurrency exchange Binance and the social media network X, amid political unrest following the recent presidential election.
According to the anti-censorship group VE sin Filtro, a DNS block has disrupted access to Binance, impacting both its website and mobile app.
Binance confirmed the issue and reassured users that their funds remain secure while it works to resolve the situation. This comes a day after Venezuelan President Nicolas Maduro announced a ten-day ban on X, following tensions with the platform’s owner, Elon Musk.
The encrypted messaging app Signal also faced access issues, though it remains available through circumvention tools.
Protests erupted after the July 28 election, where both Maduro and challenger Edmundo González claimed victory. The official count declared Maduro the winner with just over 51% of the vote, while González contended that he had secured nearly 70%.
The international community, including the U.S., EU, and several South American nations, has questioned the legitimacy of Maduro’s win, demanding a full vote count.
A sharp divide is emerging between global banking authorities and crypto industry leaders over the future of digital finance.
Anthony Pompliano has voiced strong opposition to Donald Trump’s recent push to remove Federal Reserve Chair Jerome Powell, warning that such a move could damage the credibility of the U.S. financial system.
As Washington pulls back on its crypto enforcement, Oregon is stepping up.
In a move that underscores its ambition to bridge crypto and traditional finance, Ripple is expanding the role of its newly acquired prime brokerage platform, Hidden Road.