Venezuela’s president Nicol\u00e1s Maduro has announced the reorganization of the National Superintendency of Crypto Assets, known as Sunacrip in Spanish, according to a decree issued on March 17.<\/p>\n
A new board will lead the reorganization, headed by Anabel Pereira Fern\u00e1ndez, a lawyer who served as president of the Fondo de Garant\u00eda de Depositos y Protecci\u00f3n Bancaria (FOGADE), the Venezuelan version of the United States Federal Deposit Insurance Corp. (FDIC). Among the other directors are H\u00e9ctor Andr\u00e9s Obreg\u00f3n P\u00e9rez, Luis Alberto P\u00e9rez Gonz\u00e1lez, and Julio C\u00e9sar Mora S\u00e1nchez.<\/p>\n
Without providing any further details or specific reasons for the reorganization, the decree says the board will plan the next steps for the crypto department. Maduro’s administration claims the move is intended to protect the country’s citizens from the negative effects of economic sanctions, among other reasons.<\/p>\n
The new board structure leaves out Joselit Ramirez, who led the department since its inception in 2018. Ramirez was reportedly arrested on March 17 on corruption charges, according to Venezuela’s local media. As of writing, Cointelegraph has not been able to confirm the information. Ramirez oversaw crypto tax rules and the country’s cryptocurrency Petro. <\/p>\n