Panama Gets A Crypto Bill, Moves One Step Closer To Becoming An Official Cryp...
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. If the President of the National Assembly, Laurentino Cortizo, approves the bill, private and public companies would be […]
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As the Indian government gets closer to moving forward with the cryptocurrency bill, an official from the Ministry of Finance reportedly explained what discussions the government has been having regarding the crypto bill and the impending legislation. Indian Crypto Bill’s Progress Update The Indian government is getting closer to introducing the cryptocurrency bill in Parliament. On Friday, CNBC TV18 and Bloombergquint provided some updates on the status of the bill and what discussions the government has been having regarding cryptocurrency. However, both news outlets cited....
Panamanian lawmakers will start to analyze a draft bill that seeks to regulate cryptocurrencies in the nation. Local deputy (MP) Rolando Rodríguez presented the bill to the Commerce Commission of Panama’s National Assembly. Draft Bill’s Author: Panama Is Lagging Behind Other Countries in the Matter According to La Estrella de Panama, the MP is advocating to pursue an agenda focused on digitalizing the Panamanian economy. He believes in the urgent need to regulate the country’s crypto environment, as the ecosystem “favors” the economy’s growth.....
The Crypto Law is aimed at making Panama “compatible with the digital economy, blockchain, crypto assets and the internet.” Lawmakers in Panama have passed a bill that will regulate cryptocurrencies, including Bitcoin, in the Latin American country.In a Thursday tweet, Panamanian pro-crypto congressperson Gabriel Silva said lawmakers had approved the "Panama Crypto Law" following a third debate. According to Silva, the law will “help Panama become a hub of innovation and technology in Latin America.”According to Panama’s National Assembly, the Crypto Law is aimed at regulating “the trading....
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 Law went into effect in El Salvador making BTC legal tender, Panamanian legislator Gabriel Silva tweeted on Sept. 7, “Today we proposed the Crypto Law.” He elaborated:
We want Panama to be compatible....
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 parts of the bill while vetoing others.
Panama’s President Considers Crypto Bill Veto
Laurentino Cortizo, the president of Panama, has announced his opinion regarding the recently approved cryptocurrency bill, and how it might be too....