Cryptocurrencies: a solution to the Covid-19 pandemic?
Cryptocurrencies reduce contact with cash and avoid visits to banks. Their use as a currency for exchanging goods or services has turned them into one of the most...
Execution of payments in Petro. Legal framework for the use of Venezuelan cryptocurrency.
At the end of November 2019, the Venezuelan Executive requested to accelerate the use of the Venezuelan cryptocurrency, El Petro, in the national economic system. At that time, the President estimated that the...
Cryptocurrencies have called for legal review against money laundering
The arrival of cryptocurrencies on the global economic and financial scene entails changes that have required the revision of the legal bases that until now have legislated on the...
Blockchain, a technology with potential for the evolution of work in law
Technology is introducing changes in all conceivable spheres. Thus, a procedure can be optimized and the costs previously invested can be considerably reduced, or even a professional practice can undergo modifications...
New foreign currency tax provisions in 2019
Since mid-2018, the national government has evaluated and implemented economic measures in an attempt to address the current crisis. For this reason, in August...
Money laundering is a risk to be taken with cryptocurrencies
Cryptocurrency offers a value exchange system based on an electronic currency in an efficient, reliable and easy-to-exchange manner, without the intervention of government agencies....
We will attend the International Forum a legal vision on the use of Blockchain and Digital Economy.
On November 22nd we will be present at the International Forum: "A legal vision on the use of Blockchain and digital economy". The event will be held at the JW Marriot Hotel...
United Kingdom dares to regulate cryptocurrencies
The arrival of digital currencies has caused profound transformations in the economic market. As happened with the emergence of the Internet in the 1990s, the beginning of the digital...
The U.S. ban on trading with the Petro
Since the announcement of its creation in December 2017, the Petro -the Venezuelan cryptocurrency-, has generated opinions and actions by individuals and some governments. Three months...
PHOTO: REUTERS / Marco Bello
The Petro, the Venezuelan cryptocurrency. Legal considerations.
The current economic crisis in Venezuela has generated opinions and actions on the part of the National Government as well as its detractors. As part of the economic strategy proposed by...