Panama News

India-focused crypto exchange WazirX is relocating operations to Panama and rebranding its parent company as Zensui.

Panama should allow ships wanting to transit the Panama Canal to skip the line if they pay in Bitcoin, says Panama City Mayor Mayer Mizrachi.

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 is among local municipalities, provinces, and national governments that are increasingly receptive to accepting cryptocurrencies as a form of payment.

Even though this winter continues to stress test the case for Bitcoin advocation, some lawmakers strive to put their names on the crypto hot list.

The high court will now decide whether to declare the “crypto bill” unenforceable or to approve it with modifications.

The proposal received 100% votes, establishing the DAO Foundation, Panamanian Foundation, and Panamanian Corporation.

The American platform became the first to freeze the withdrawal operations, but it might not be the last.

Although the president has previously called the laws innovative, his concern regarding Anti-Money Laundering measures has put the bill back up for debate with the government.

Panamanian bank Towerbank opens its doors to Bitcoin and crypto customers in a series of tweets and memes.

“If the law has clauses related to money laundering activities — Anti-Money Laundering activities — that’s very important for us," said Panama President Laurentino Cortizo.

The Crypto Law is aimed at making Panama “compatible with the digital economy, blockchain, crypto assets and the internet.”

Santo Blockchain’s plans in Latin America consist of 300 Bitcoin ATMs, a layer-two wallet and a Bitcoin debit card.

A new bill in Panama aims to recognize Bitcoin as an alternative payment method and enable freedom to use crypto.

An increasing number of Latin American lawmakers are donning Lazer eyes on their Twitter avatars to express their support for Bitcoin and digital assets.