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 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....
Related News
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....
After the president’s signature, the bill will regulate the usage of bitcoin as payment in the country.
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....
New bill in Panama aims to recognize Bitcoin as an alternative payment method and enable freedom to use crypto. Amid Bitcoin (BTC) becoming legal tender in El Salvador, another country in Central America is progressing on its way to enable freedom to use cryptocurrencies like BTC and Ether (ETH).On Sept. 6, the Republic of Panama introduced a bill on regulating cryptocurrencies, aiming to make the country “compatible with the blockchain, crypto assets and the internet.”Announcing the news on Twitter, Panamanian pro-crypto congressman Gabriel Silva stressed that the new legal initiative has....