Panama's legislature approves bill regulating crypto

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Panama's legislature approves bill regulating crypto
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Panama joins the club of countries with crypto regulation as it just passed the vote and it's only awaiting the president’s signature to become a law.

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.”at regulating “the trading and use of crypto assets, the issuance of digital value, the tokenization of precious metals and other assets, payment systems and other provisions.

Crypto Law approved in third debate! This will help Panama become a hub of innovation and technology in Latin America!

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