The government claims that this move is aimed at protecting the people from the harmful impact of economic sanctions and other potential threats
Venezuela’s President Nicolas Maduro; Image: Leonardo Fernandez Viloria / Reuters
On 17th March, Venezuelan President NicolĂ¡s Maduro issued a decree announcing the restructuring of the National Superintendency of Crypto Assets, which will be led by a new board.
Anabel Pereira FernĂ¡ndez, a lawyer who previously worked as the president of the Venezuelan equivalent of the U.S. Federal Deposit Insurance Corp, will head the board. Other members of the board include Luis Alberto PĂ©rez GonzĂ¡lez, HĂ©ctor AndrĂ©s ObregĂ³n PĂ©rez, and Julio CĂ©sar Mora SĂ¡nchez.
The decree did not give any specific reasons or details for the restructuring. However, it stated that the new board would be responsible for planning the future actions of the crypto department, which is known as Sunacrip in Spanish.
The administration of Maduro claims that this move is aimed at protecting the citizens of Venezuela from the harmful impact of economic sanctions and other potential threats.
According to local media reports, Joselit Ramirez, who has been leading the National Superintendency of Crypto Assets since its creation in 2018, was not included in the new board structure. The reports also claim that Ramirez was arrested on corruption charges on 17th March.