ACCOUNTS IN FOREIGN CURRENCY WITH THE NATIONAL FINANCIAL SYSTEM – Jan 30 2019

2019, January 2019, Managerial Alerts

ACCOUNTS IN FOREIGN CURRENCY WITH THE NATIONAL FINANCIAL SYSTEM   An Official Notice, issued by the Venezuelan Central Bank (“VCB”), was published in Official Gazette No. 41.575 of January 30, 2019. Said Official Notice establishes that the holders of more than one account in foreign currency held with the National Financial System (“NFS”) may make…

CONSTITUENT DECREE ON THE INTEGRAL SYSTEM OF CRYPTOASSETS- Jan 30 2019

2019, January 2019, Managerial Alerts

CONSTITUENT DECREE ON THE INTEGRAL SYSTEM OF CRYPTOASSETS   The Constituent Decree on the Integral System of Cryptoassets, issued by the National Constituent Assembly, was published in Official Gazette No. 41.575 of January 30, 2019 (the “Decree”). Said Decree established the regulatory frame applicable to the Integral System of Cryptoassets. The sphere of application of…