Venezuelan President Nicolas Maduro announces the creation of the petro cryptocurrency in a bid to ease the country's ongoing socioeconomic crisis.
- Venezuela launches its Petro cryptocurrency, which it claims is the world's first sovereign cryptocurrency.
- Mexico's Secretary of Foreign Affairs Luis Videgaray Caso, flanked by visiting United States Secretary of State Rex Tillerson and Canadian counterpart Chrystia Freeland, rejects "any option that would imply the use of violence" on the subject of Venezuela. On the eve of his visit, Tillerson had defended the 19th-century United States policy in Latin America and suggested that the Venezuelan Army could manage a "peaceful transition" from President Nicolas Maduro.
- Venezuelan President Nicolas Maduro, who is up for re-election, bans the main opposition parties, Justice First, Democratic Action and Popular Will from running in next year's presidential election.
- Venezuelan President Nicolas Maduro says voting in his upcoming election on July 30 is mandatory for all 2.8 million state employees, with employees who do not vote facing ostracisation. Opponents of the government plan to hold their own unofficial referendum on the Maduro government on July 16.
- Voters in Venezuela participate in an election for members of a new Constitutional Assembly, devised by President Nicolas Maduro to amend the constitution following a legislative takeover in March. Many Venezuelans question the election's legitimacy, resulting in boycotts and ongoing protests.