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Panamanian president refuses to sign bill on Cryptocurrencies

Panamanian president refuses to sign bill on Cryptocurrencies

In April, the Economic Affairs Committee of Panama’s National Assembly (AN) approved a bill to regulate digital assets. It aims to make it easier for Cryptocurrency exchanges to obtain licenses to operate in Panama. If the bill goes into effect, the government will also use Blockchain to store records transparently. Supporters of the initiative believe it will make Panama the digital hub of Latin America and attract investment from financial technology companies.

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