Republic of Panama introduces bill for regulating crypto

Republic of Panama introduces bill for regulating crypto

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....


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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.” 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....

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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 […]

Panama Assembly Passes Bill Regulating Bitcoin, Crypto

After the president’s signature, the bill will regulate the usage of bitcoin as payment in the country.

Panama To Recognize Bitcoin As Payment Alternative, Issues New Regulations

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. The intent is to give residents of the country the freedom to start using cryptos like Ether (ETH) and BTC. The Republic of Panama on September 6th passed a bill on cryptocurrency regulation. The bill aims to make Panama compatible with the internet, blockchain, and crypto-assets. Gabriel Silva posted an announcement on....