Venezuela Announces Crypto Regulations As Bitcoin Volume Soars and Economic Crisis Intensifies

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Venezuela has published its “Constituent Decree on the Integral System of Crypto Assets” to further regulate cryptocurrencies. The 63 articles-long legal framework addresses cryptocurrencies and related activities. Published in the Official Gazette of the Bolivarian Republic of Venezuela, the law says, “The scope of application of this constituent decree [covers] goods, services, values or activities […]

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