One Of Panama’s Largest Banks Just Became Bitcoin Friendly
Towerbank, a top 30 bank in Panama, just announced bitcoin friendly services at an event hosted by the Chamber of Digital Commerce and Blockchain of Panama.Towerbank, a top 30 banking institution in Panama, just declared it is bitcoin-friendly.The bank is encouraging customers to sign up for a bitcoin-friendly account with simple document requirements to access the upcoming functionality.Customers are required to provide the wallet address they intend to use and are required to notify the bank if the address changes.Towerbank, a top 30 banking institution in Panama, just declared itself....
Related News
Panamanian bank Towerbank opens its doors to Bitcoin and crypto customers in a series of tweets and memes. Panama’s path to crypto adoption is stepping up a gear. Towerbank, a Panamanian financial institution with over 200 employees and 40 years of banking experience, has declared itself Bitcoin (BTC) friendly, paving the way for crypto accounts. In a series of tweets and leaks from a blockchain meetup in Panama’s capital, Panama City, the bank is opening the floodgates to the crypto community. During the blockchain meetup hosted by the Chamber of Digital Commerce and Blockchain of Panama....
PRESS RELEASE. Antier Solutions, a blockchain development company headquartered in Mohali, India – with two global units in North America and the UK – has expanded its services to offer crypto-friendly bank development solutions targeting start-ups, banks, and financial institutions seeking opportunities to launch their crypto-friendly banks. “The finance industry is evolving; financial institutions and customers are realizing the transformative power of blockchain and cryptocurrency in making financial services more transparent, secure, cost-efficient, and accessible to....
“Crypto-friendly” banks in Portugal have started deactivating accounts of digital currency exchanges, which could be a sign of things to come. Banking giant Banco Comercial Portugues, the largest publicly traded bank in Portugal, terminated all of the accounts of the Lisbon-based crypto trading platform CriptoLoja last week. The CEO and founder of the exchange, Pedro […]
An interview with two architects behind Panama's proposed cryptocurrency bill, which would legally define bitcoin for the country.
Although the President has previously called the laws innovative, his concern regarding anti-money laundering measures has put the bill back up for debate with the government. Panama’s President Laurentino Cortizo has partially vetoed Bill No. 697 dubbed the “crypto bill” saying it requires more work to better fit Panama’s financial regulations.President Cortizo previously warned in May he wouldn’t sign the bill unless it included additional Anti-Money Laundering rules after Panama’s National Assembly passed the crypto bill in late April 2022.Local media outlet La Prenda obtained a copy of....