Panama introduces legislation to legalize voluntary crypto payments, regulate industry

Panama has unveiled a sweeping draft bill aimed at regulating cryptocurrencies and fostering the development of blockchain-based services, signaling a renewed effort to position the country as a fi...

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Panama introduces legislation to legalize voluntary crypto payments, regulate industry

Source: CryptoSlate

Panama has unveiled a sweeping draft bill aimed at regulating cryptocurrencies and fostering the development of blockchain-based services, signaling a renewed effort to position the country as a fintech leader in Latin America. The proposed law establishes a legal framework for using digital assets in financial transactions, establishes licensing requirements for service providers, and includes […]