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 account the observations of Cortizo. Cortizo Vetoes Crypto Law in Panama Laurentino Cortizo, the president of Panama, has vetoed the recently approved cryptocurrency law, sending it back to the National Assembly to be discussed. The veto was a....
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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 […]
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 Crypto Assets
Panama is taking steps to regulate crypto assets and the businesses that use them in the country. The National Assembly of the country, which is the highest legislative organization in Panama, has taken the first....
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....
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....
“If the law has clauses related to money laundering activities — Anti-Money Laundering activities — that’s very important for us," said Panama President Laurentino Cortizo. Laurentino Cortizo, the president of Panama, has said he won’t sign off on a crypto bill recently approved by the country’s National Assembly without additional Anti-Money Laundering rules.Speaking at the Bloomberg New Economy Gateway Latin America conference on Wednesday, Cortizo said the bill recently passed by Panama’s legislature must go through legal checks before reaching his desk, but added he needed more....