Supreme Tribunal in Venezuela States Sunacrip Has Strategic Role, Voids Earlier Sentence – Bitcoin News

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A sentence issued by the highest tribunal in Venezuela recognized as strategic the role that the national cryptocurrency watchdog, Sunacrip, fulfills.

The Political-Administrative Chamber warns that the activities carried out by Sunacrip are of a national strategic nature and therefore those who intend to dedicate themselves to digital mining in Venezuela must comply with registration at RISEC and RIM.The RISEC, translated as the Comprehensive Registry of Cryptoactive Services, is defined in a providence issued by Sunacrip as having the objective to “digitally systematize the information of the users who use the system.

The new sentence, that corrects the earlier sentence on the seizure of the aforementioned bitcoin miners, seeks to correct a series of mistakes that, in the view of the judge, the first tribunal made. On the earlier sentence and its treatment of the situation, the sentence considered that:It seriously compromised the public interest and transcended the interest of the parties involved, since the possibility of threatening the stability of the nation is evident.

 

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