2022-10-27 00:00 |
The proposal received 100% votes, establishing the DAO Foundation, Panamanian Foundation, and Panamanian Corporation.
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Panama’s President Laurentino Cortizo said he will not sign the new cryptocurrency bill until it provides provisions for stricter anti-laundering controls, Bloomberg News reported on May 19.
After El Salvador’s move to give Bitcoin a legal tender, the National Assembly of the Central American country, Panama, passed a bill on Thursday to enact regulations for the commercialization and use of cryptocurrency in the republic.
The Crypto Law is aimed at making Panama “compatible with the digital economy, blockchain, crypto assets and the internet.”
A Panamanian legislator and entrepreneur discuss the country's efforts to legalize bitcoin and cryptocurrencies.
A new bill that aims at recognizing Bitcoin as another payment method has emerged in Panama. The bill will also give residents the freedom to use cryptocurrencies. Amidst El Salvador adopting BTC as legal tender, a Central American country is trailing the same path.
Panama is the latest Latin American country contemplating cryptocurrencies, joining El Salvador, which today became the first country in the world to officially make bitcoin legal tender. On September the 6th, a member of Panama’s independent opposition party, Bancada Independiente, presented a bill that could spearhead the incorporation of bitcoin as an alternative currency and […]