Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: Panama’s ‘Lost Crypto Opportunity’, Thailand’s Huobi Closing, Canada’s Bitvo Acquired by FTX + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
Although the President has previously called the laws innovative, his concern regarding anti-money laundering measures has put the bill back up for debate with the government. Panama’s President Laurentino Cortizo has partially vetoed Bill No. 697 dubbed the “crypto bill” saying it requires more work to better fit Panama’s financial regulations. President Cortizo previously warned…
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“If the law has clauses related to money laundering activities — Anti-Money Laundering activities — that’s very important for us,” said Panama President Laurentino Cortizo. Laurentino Cortizo, the president of Panama, has said he won’t sign off on a crypto bill recently approved by the country’s National Assembly without additional Anti-Money Laundering rules. Speaking at…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: Stocks Hurt US Households More Than Crypto, Commonwealth Bank Pauses Crypto Plans, Bitcoin PizzaDAO + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
The president of Panama, Laurentino Cortizo, has declared he will not sign the recently approved cryptocurrency bill passed by the National Assembly of the country in its current form. Cortizo stated that one of his main concerns about the bill is the stance it takes regarding money laundering activities and crypto. Cortizo may approve some…
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Crypto adoption is rising high on the political agenda in Latin America, where legislation is edging closer to promulgation – although Argentinean Bitcoin (BTC) and crypto miners have received a warning that if the chips are down, they could be ordered to power down their rigs…. Read More: Crypto Bills in Panama, Brazil Progressing…
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The National Assembly of Panama has advanced a cryptocurrency law project that seeks to regulate cryptocurrency activity to give more clarity to the sector in the country. The proposal, which was approved in the first discussion, was composed of two different projects presented to the economic affairs commission of the Assembly.
Panama Moves to…
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The MP architect of a draft Panamanian private member’s bill that proposes allowing the use of crypto as a form of payment has claimed that there are key differences between his proposed law and the Bitcoin Law adopted in El Salvador last year…. Read More: Panamanian MP: Our Draft Crypto Law Is Different from…
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Bitcoin (BTC) and crypto adoption on a state level may soon extend beyond El Salvador, with politicians elsewhere in the Americas – and even one European royal – mulling moves that could see the cryptocurrency brought into their financial systems in some form or other…. Read More: Panama Eyes Bitcoin & Crypto to Spark…
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Santo Blockchain’s plans in Latin America consist of 300 Bitcoin ATMs, a layer-2 wallet and a Bitcoin debit card. Panama is doing its best to keep up with El Salvador’s Bitcoinization with the installation of 50 Bitcoin (BTC) ATMs in 2022. Thanks to Santo Blockchain, 50 of the planned 300 ATMs will begin shipping to…
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