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DOMAINS TOKEN-G

Ronald Maguire

01 May 2022 176 Read Crypto , Bitcoin

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Panama Creates Crypto Regulatory Bill

Panama establishes a law that is more robust than El Salvador's digital asset and cryptocurrency laws. If the President of Panama approves the project, Panamanian citizens will be able to use cryptocurrencies for daily trade and paying taxes. The main purpose of the bill is to promote the use of distributed ledger technology to increase transparency.

Law Passed by the National Assembly

The National Assembly has approved a bill that will allow the public and private use of cryptocurrencies. Panama President Laurentino Cortizo may enact the bill and make it available to citizens. This law could turn Panama into a technology innovation hub in Latin America.

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