Through presidential decree number 4,865, published in Official Gazette number 42,717, the restructuring process of the National Superintendency of Crypto Assets and Related Activities (Sunacrip) will be extended for a period of six months, starting on September 17, 2023.
As established in article…
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official gazette
Central Bank of Cuba approves regulation of cryptocurrencies
Official Gazette No. 43 Ordinary, released on Tuesday, April 26, published the resolution approved by the Central Bank of Cuba, where Bitcoin (BTC) and other cryptocurrencies services and platforms are authorized on the island.
The…
Published in Official Gazette Venezuelan wage increase
This week Official Gazette No. 6,691 was published, which establishes the validity of the minimum wage as of March 15, 2022.
According to part of the text, specifically in article 1, "the mandatory monthly national minimum wage is…
Payments with international credit or debit cards will be exempt from the ‘IGTF’
According to decree No. 4,647 published in Official Gazette No. 6,689, payments with international cards in Venezuela will be exempt from the new tax on foreign currency transactions.
In this way, people who use their debit or credit cards…
Law of tariffs does not encourage national production
According to the first vice president of Fedcámaras, Adam Celis, Decree 4,552 driven by the National Government on tariffs does not cover expectations between the productive and economic sectors of the country so it is inefficient to…
Fintech companies have 90 days to adjust to new regulations
This week, the Superintendency of Banking Sector Institutions (Sudeban) held a roundtable with different public and private entities with the intention of clarifying the new regulatory framework that directly affects Financial Technology…
El Salvador Congress approves bitcoin as legal tender
This Wednesday, June 9, the Congress of El Salvador approved a law that will convert bitcoin into legal tender in this nation. The initiative was approved with the votes of 62 deputies of the 84 in Parliament and will enter into force 90…
Venezuelan government announces minimum wage increase
On May 1st, the Venezuelan government announced the increase in the minimum wage to a total of 10 million bolivares, as announced by the Minister of Labor, Eduardo Piñate.
On the eve of the celebration of Labor Day, Piñate assured that "as…
Venezuelan government announces increase in TU
Through Official Gazette No. 42,100 dated April 6, 2021, the Venezuelan government published a Ruling of the Integrated National Service of the Customs and Tax Administration (Seniat). In this document, the readjustment of the Tax Unit is…
Venezuela: Labor immobility in the public and private sectors will be in force for two more years
Article 2 of Decree N° 4,414 published in the Extraordinary Official Gazette number 6,611 establishes that “the workers and workers covered may not be dismissed, impaired or transferred without just cause previously qualified by the Labor…
Venezuela will have a Decentralized Stock Exchange
In Official Gazette 6,578, the Decentralized Stock Exchange of Venezuela was authorized through the National Securities Superintendency for a 90-day trial period of operations of this type.
According to how it was presented to the public,…
Venezuela updates providence for cryptocurrency remittances
The Patria Platform announced that as of the publication in Official Gazette No. 41,955 on September 1st, 2020 of Providence No. 057-2020 of the National Superintendency of Crypto Assets and Related Activities, th Government started to…