Panamanian Crypto Bill Might Get a Second Wind in the Highest Court of the Country

panamanian crypto billThe fate of the Panamanian crypto bill project, which was approved by the Panamanian National Assembly last year, now depends on the decision of the supreme court of the country. The sanction of the project, which was vetoed by President Laurentino Cortizo, is now in the hands of the court after Congress rejected the veto […]

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President of Paraguay Mario Abdo Vetoes Cryptocurrency Bill

paraguayThe President of Paraguay, Mario Abdo has issued an executive veto on a recently approved cryptocurrency bill. Abdo’s veto decree states cryptocurrency mining is an “energy-intensive” and a low-value-added activity. The bill will now be returned to Congress to be approved again or to be rejected entirely. President of Paraguay Considers Cryptocurrency Mining an Energy […]

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Paraguayan Senate Approves Cryptocurrency Bill

paraguayanThe Paraguayan Senate has approved a bill that seeks to regulate cryptocurrencies and their operations in the country. The bill, which had already been submitted to the deputy chamber, was approved with some changes suggested, establishing clear definitions and tax exemptions for companies in the cryptocurrency and crypto mining sectors. Paraguayan Cryptocurrency Bill Passes Senate […]

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President of Panama Partially Vetoes Crypto Law Passed by National Assembly

panamaLaurentino Cortizo, president of Panama, has exercised his veto powers to make a series of objections to the recently approved cryptocurrency law. The observations of the president only touch on certain articles and do not affect the law in its entire scope. However, these articles of the bill will have to be re-discussed, taking into […]

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President of Panama shoots down crypto bill citing FATF guidelines

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.

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