Law Decoded, June 13–20: Celsius exodus and liquidity crisis
American platform became the first one to freeze the withdrawal operations, but might not be the last Go to Source Powered by WPeMatico
Panama
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President of Panama Partially Vetoes Crypto Law Passed by National Assembly
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 … Read more
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. Go to Source Powered by WPeMatico
Top 30 Panama Bank is ‘Bitcoin friendly,’ welcomes crypto services
Panamanian bank Towerbank opens its doors to Bitcoin and crypto customers in a series of tweets and memes. Go to Source Powered by WPeMatico
Panama’s president says he won’t sign crypto bill into law ‘at this moment’
“If the law has clauses related to money laundering activities — anti-money laundering activities — that’s very important to us,” said Panama President Laurentino Cortizo. Go to Source Powered by WPeMatico
Panama President Mulls Crypto Bill Approval Due to Money Laundering Concerns
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 … Read more
Panama’s legislature approves bill regulating crypto
The Crypto Law is aimed at making Panama “compatible with the digital economy, blockchain, crypto assets and the internet.” Go to Source Powered by WPeMatico
National Assembly of Panama Advances Discussion of Cryptocurrency Law Project
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 Regulate … Read more
Santo Blockchain to deliver 50 Bitcoin ATMs to Panama
Santo Blockchain’s plans in Latin America consist of 300 Bitcoin ATMs, a layer-2 wallet and a Bitcoin debit card. Go to Source Powered by WPeMatico
Lawmaker Presents Bill to Regulate Cryptocurrencies in Panama
A Panamanian lawmaker has introduced a bill to regulate cryptocurrencies in the National Assembly. Among the proposals in the bill is the legalization of cryptocurrencies, like bitcoin and ethereum, as a means of payment, including for paying taxes. Proposed Crypto Law Will ‘Give Legal Certainty and Safety to Crypto Assets in Panama’ As the Bitcoin … Read more