Venezuela Legalizes Crypto Mining but Will Force Industry Into National Pool

From coindesk.com

Venezuela’s government has given cryptocurrency miners mixed news this week. Firstly, the government department responsible for regulating cryptos has legalized the mining industry, local industry news site CriptoNoticias reported Tuesday. The new decree was published in the Official Gazette on Monday and authorized by by Joselit Ramirez, head of National Superintendency of Crypto Assets and Related Activities (SUNACRIP). It states that any local entity wishing to mine cryptos must apply for a licence and be listed on a government register. Applicants will need to hand over information to the authorities on the ... (full story)