laurentino cortizo – DIGIT INFO

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

DIGIT — Tue, 31 Jan 2023 12:30:36 +0000

The 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

DIGIT — Fri, 02 Sep 2022 05:30:29 +0000

The 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

DIGIT — Sun, 17 Jul 2022 22:00:13 +0000

The 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

DIGIT — Sat, 18 Jun 2022 10:00:44 +0000

Laurentino 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

DIGIT — Fri, 17 Jun 2022 06:04:50 +0000

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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Panama President Mulls Crypto Bill Approval Due to Money Laundering Concerns

DIGIT — Thu, 19 May 2022 21:30:41 +0000

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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