On September 28, 2020, the National Office of the Superintendent of Securities (“SUNAVAL”) issued administrative guidelines under which it authorized the company Bolsa Descentralizada de Valores de Venezuela, S.A. (“BDVE”) to act as a decentralized stock exchange for 90 days (i.e., until 28 December 2020) (“Guidelines”). It also authorized (i) the registration of BDVE in the National Securities Registry, and (ii) the regulations and operating manual of BDVE. The BDVE website indicates that it is…
Effective September 21, 2020, the Office of the National Superintendent of Cryptoassets and Related Activities (SUNACRIP) will be regulating the activities related to (i) the use, import and commercialization of digital mining equipment, parts and pieces; (ii) adaptation of spaces to offer the hosting service for digital mining, including the manufacture, assembly, repair and improvement of such equipment; and, (iii) digital mining services in the cloud. With the entering into force of these new guidelines…