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Cryptocurrency Ecosystem => Bitcoin Forum => Bitcoin News & Updates => Topic started by: Tamsialu$$ on June 17, 2022, 02:14:50 AM

Title: Panama’s President Vetoes Law That Would Have Regulated Bitcoin, Legalized DAOs
Post by: Tamsialu$$ on June 17, 2022, 02:14:50 AM
The bill will now go back to the country’s National Assembly for debate. But President Cortizo last month said he wanted guarantees that the law would comply with global anti-money laundering standards—hinting he wouldn’t sign it immediately.

“I have to be very careful if the law has clauses related to money laundering activities,” he said in a May 19 interview with Bloomberg.

The bill wants to let Panamanians buy everyday goods with cryptocurrency. Digital assets like Bitcoin, Ethereum, XRP, Litecoin and Stellar, would be a valid form of payment “for any legal civil or commercial operation,” including the payment of taxes, fees, and duties to the government. more (https://decrypt.co/103126/panama-president-vetoes-crypto-law-bitcoin-daos)