The Venezuelan Chamber of Electronic Commerce (Cavecom-e) announced the creation of its cryptoasset technical table. This initiative arises in response to the need to provide legal and operational security to companies in Venezuela that seek to integrate bitcoin (BTC) and other cryptocurrencies into their business models.
This is a body made up of a panel of 21 specialists. Among them are lawyers, economists, engineers, accountants and academics specialized in the cryptocurrency sector.
The central objective of the table is to provide a technical advisory framework for the more than 1,500 virtual companies that are part of Cavecom-e. Also, for the public and private sector “interested in digital transformation.”
Richard Ujueta, president of Cavecom-e, explained during the presentation of the technical table this Friday, December 19 in Caracas that the speed with which commerce currently moves requires solid support structures. “What we are looking for is information and reinforcement for the more than 1,500 of our companies nationwide,” he said.
According to Ujueta, the work of this multidisciplinary table is not limited to theory, but seeks a direct impact on economic growth.
The technical table will help mitigate risks
In statements to CriptoNoticias, which was present at the presentation, the union member emphasized that the formalization of the technical table will allow mitigating risks inherent to the cryptoasset market.
He assured that, after this technical table, “not only will it be consolidated [la adopción de criptomonedas]”But we are going to prevent everything that has to do with mandatory non-compliance and fraud.”
“They are disruptive issues that the businessman must handle with complete advice to venture in a serious and transparent manner,” he added.
Ujueta announced that the first formal session of the board will take place on third week of january from 2026. After which technical reports on the activity will begin to be issued.
Venezuela requires a “cryptocurrency culture”
One of the pillars of this initiative is the accounting and tax area. Jan Domínguez, accountant, founder of Cointable and member of the technical board, highlighted that the country requires a “crypto culture” that understands the tax implications to use bitcoin and other digital assets.
“The current dynamics of commerce, entrepreneurship, businesses and companies is to know what the tax and accounting implications are,” Domínguez told this medium.
Given the vision of sectors that defend the anti-system nature of technology, The specialist was emphatic about the need for integration.
«The world is going in another direction, it is going in a matter of coupling what the crypto ecosystem is with the traditional financial system. This is not something that only happens in Venezuela, but is happening in real time in countries like the United States and Europe.
Jan Domínguez, founder of Cointable and member of the Cavecom-e cryptoassets technical desk.
With the creation of this technical table, Cavecom-e seeks to “shield the transition” of businesses towards the digital economy. This, promoting a formal and transparent use of cryptocurrencies in Venezuelan territory.