Panama was seemingly on the way to be Central America’s second country to regulate cryptocurrency spending until the President partially vetoed the bill with a member of Panama’s Congress calling it “a lost opportunity.”
outlining “fiscal transparency and prevention of money laundering”.
President Cortizo has previously described the legislation as an “innovative law”, and indicated approval of certain aspects of the bill, but has said possible illicit uses of cryptocurrencies needed addressing.in September 2021 tweeted on June 16 that the veto was “a lost opportunity to generate jobs, attract investment and incorporate technology and innovation in the public sector.
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