Panama's 'Lost Crypto Opportunity', Thailand's Huobi Closing, Canada's Bitvo Acquired by FTX + More News
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 -- it needs to conform to new regulations recommended by the Financial Action Task Force (FATF) outlining “fiscal transparency and prevention of money laundering,” local media outlet La Prenda reported. Congressman Gabriel Silva tweeted that the veto was “a lost opportunity to generate jobs, attract investment and incorporate technology and innovation in the public sector.”
Source: cryptonews.com