💥 SUNACRIP💥
📚 SUNACRIP, whose official name is the National Superintendence of Crypto Assets and Related Activities, is a governmental entity of Venezuela responsible for regulating and supervising activities related to cryptocurrencies and digital assets in the country.
💥vHistory💥
✓ 1. Creation: SUNACRIP was created in 2018 as part of the efforts of the Venezuelan government to formalize and regulate the use of cryptocurrencies, mainly in the context of the petro, the national cryptocurrency backed by the state, and other activities related to crypto assets.
✓ 2. Regulatory framework: Since its establishment, SUNACRIP has issued various regulations and norms to establish a legal and operational framework for platforms, exchanges, miners, and other actors in the crypto asset ecosystem in Venezuela.
✓ 3. Development and challenges: The institution has faced challenges related to economic instability, the de facto dollarization in the country, and international sanctions, which have influenced its functioning and scope.
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