Venezuela creates the National Association of Cryptocurrency Exchanges
Cryptocurrency exchanges in the Venezuelan market recently formed the National Association of Cryptocurrency Exchange Houses and Related Activities, Acincrip, to provide security and trust to individual users and companies.
Venezuela has a new organization to regulate and strengthen the crypto ecosystem. The exchange platforms with operations in the country recently created the National Association of Cryptocurrency Exchange Houses and Related Activities, Acincrip, which seeks to replace Sunacrip.
This is a new association that “was born with the intention of strengthening the institutionalization of the Venezuelan crypto ecosystem.”
Through a statement, Acincrip highlighted that its goal is to “contribute to the development and construction of a safe and reliable environment so that users, entrepreneurs and supervisors can contribute technology and knowledge for the development of the national economy.”
Likewise, the Fair Directive of the entity declared that they work together with the competent authorities to create a regulatory and operational framework that allows the good development of companies in the Venezuelan cryptocurrency ecosystem.
Acincrip is a non-profit association that emerged after the intervention by the Venezuelan government of the National Superintendency of Cryptocurrencies and Related Activities (Sunacrip), which is still under the “tutelage of the Restructuring Board chaired by Dr. Anabel Pereira according to Presidential Decree No. 4,865 published in the Official Gazette No. 42,717. That said, it should be noted that all organizations registered with Acincrip are still licensed and under the supervision and control of Sunacrip.”
Eleazar Colmenares, CEO of Cryptobuyer Venezuela, is the president of Acincrip, which groups all active crypto exchanges in the country. The association has the operational and technological capacity to strengthen the Venezuelan crypto ecosystem, which provides “a transparent, regulated and legal service to all cryptocurrency users in Venezuela while providing employment, contributing to the growth of the economy, and offering investment tools and means of payment.”
M.Pino
Source: cointelegraph
(Reference image source: Dmytro Demidko, Unsplash)
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