US Temporarily Eases Sanctions on Venezuelan State-Run Banks

The United States Treasury has temporarily eased sanctions on Venezuela's central bank and several other state-run financial institutions.

This move allows these banks to use US dollars and re-enter global financial markets.

The easing of sanctions was announced by the US Treasury's Office of Foreign Assets Control (OFAC) on April 15, 2026.

Licences were issued authorising commercial links with the Central Bank of Venezuela, Banco de Venezuela, Banco Digital de los Trabajadores, and Banco del Tesoro.

Sanctions had been in place since 2019, restricting these banks' ability to process and move money internationally.

The temporary easing could facilitate the flow of revenue from Venezuelan oil sales to the US back into Venezuela.

This development follows the US military seizure of Venezuelan leader Nicolás Maduro in Caracas three months prior, after which he was taken to New York to face drug trafficking charges.

It also reflects improving relations between the US administration and the interim Venezuelan government led by Delcy Rodríguez.

Delcy Rodríguez, who was Maduro's vice-president and now serves as interim president, has been lobbying for a complete lifting of all US sanctions.

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