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Latest News on Venezuela | Cointelegraph

Read the latest news on Venezuela to learn more about the country, crypto regulations and recent news with our Venezuela news section. ....

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Venezuela set to liquidate its national crypto Petro

After a five-year life span teetering on the brink of insubstantiality, Venezuela’s national cryptocurrency, the Petro, seems to be nearing its end. This impending demise, as suggested by insiders, is set to be carried out by the Superintendency of Cryptoactives (Sunacrip), the authority vested with the task of overseeing the nation’s virtual currency realm. The . Read more ....

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Venezuela Shuts Down Crypto Exchanges And Mining Farms — All You Need To Know

Venezuela’s digital asset industry has been sailing through troubled waters recently. Allegations of corruption have led to a complete restructuring of the country’s crypto regulatory agency. First to go was Joselit Ramirez, Venezuela’s Superintendent of Cryptoassets (Sunacrip), who was arrested on March 17. ....

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Venezuela Restructures Crypto Department Amid Corruption Allegations

The government claims that this move is aimed at protecting the people from the harmful impact of economic sanctions and other potential threats ....

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Venezuela's National Crypto Department Undergoes Several Changes

Venezuela will be reorganizing its National Crypto Department under a new leader. The National Superintendency of Crypto Assets of Venezuela, or Sunacrip in Spanish, will be reorganized, according to an order signed by President Nicolás Maduro on March 17. ....

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