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The mayor of Panama City seemingly advocated for a city-level Bitcoin reserve in a mysterious post after meeting two of El Salvador’s Bitcoin policy leaders this week. Panama City Mayor Mayer Mizrachi has hinted at establishing a city-level Bitcoin reserve in a cryptic post following his meeting with two of El Salvador’s Bitcoin policy leaders….
” Arizona senator doubles down on crypto amid the winter of discontent: Law Decoded, Jan. 23-30 “ Even though this winter continues to stress test the case for Bitcoin (BTC) advocation, some lawmakers strive to put their names on the crypto hot list among the likes of United States Senators Cynthia Lummis and Pat Toomey….
” Panama’s Supreme Court to rule on cryptocurrency legislation “ Panama’s crypto bill saga has reached a new chapter, with the country’s Supreme Court deciding the future of the local crypto industry. Panama’s President Laurentino Cortizo sent on Jan. 26 the Bill No. 697, dubbed the “crypto bill,” to the high court for review and…
” SushiSwap to create three DAOs in Panama and Cayman in business restructuring “ The Sushi DAO, the decentralized autonomous organization behind crypto exchange SushiSwap, has approved a legal restructuring on Oct. 26 that creates three new decentralized entities, aiming to provide more flexibility to its operations. The proposal, which received 100% votes in favor,…
” Law Decoded, June 13–20: Celsius exodus and liquidity crisis “ Last week, the Celsius Network wrote its name in the alarming recent history of the crypto market failures alongside Terra. The American platform has unstaked $247 million worth of Wrapped Bitcoin (wBTC) from the Aave protocol and sent it to crypto exchange FTX while…
” President of Panama shoots down crypto bill citing FATF guidelines “ Panama’s President Laurentino Cortizo has partially vetoed Bill No. 697 dubbed the “crypto bill” saying it requires more work to better fit Panama’s financial regulations. President Cortizo previously warned in May he wouldn’t sign the bill unless it included additional Anti-Money Laundering rules…
” Top 30 Panama Bank is ‘Bitcoin friendly,’ welcomes crypto services “ Panama’s path to crypto adoption is stepping up a gear. Towerbank, a Panamanian financial institution with over 200 employees and 40 years of banking experience, has declared itself Bitcoin friendly (BTC), paving the way for crypto accounts. In a series of tweets and…
” Panama’s president says he won’t sign crypto bill into law ’at this moment’ “ Laurentino Cortizo, the president of Panama, has said he won’t sign off on a crypto bill recently approved by the country’s National Assembly without additional Anti-Money Laundering rules. Speaking at the Bloomberg New Economy Gateway Latin America conference on Wednesday,…
“15 Famous landmarks in Panama” This post of our World Landmarks series focuses on the famous landmarks in Panama. Panama is a country marked by one major landmark, the Panama Canal, which divides the country (and the Americas), but it is also its most significant source of income and one of the main reasons for…
” Panama’s legislature approves bill regulating crypto “ 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…