According to the ten-page manual, related to the launch of the state crypto currency "petro", only 8 exchanges of crypto-currency can receive the necessary permission. This is reported by CoinDesk.
Familiar with the situation, the sources claim that the requirements imposed on the exchange are, in practice, even more stringent than those specified in the document.
Daniel Arraez, co-founder of BlinkTrade, engaged in the development of software for bitcoin exchanges, expects that at the initial stage the permit will receive less than 8 trading sites.
We feel the current regulation change is a positive change. We're already in conversations to operate as soon as possible. We feel the market is going to be safe and we can get operational guarantees to safeguard our customers' funds and safety.
Earlier, Venezuelan President Nicholas Maduro stated that he was negotiating with 36 "the main cryptocurrency exchange houses in the world", but it is not yet known which exchanges are being discussed.
Nevertheless, the publication of this document suggests that among other measures to promote its national crypto currency "petro" Venezuela intends to establish control over the crypto exchanges in its jurisdiction.