Panama’s National Assembly approved a bill regulating the use and commercialization of cryptocurrencies such as Bitcoin (CRYPTO: BTC). The country serves as a hub of offshore financial services.
What Happened: According to a Friday Reuters report, the bill allows private and public use of cryptocurrencies and even enables people to pay their taxes in digital assets. Experts purportedly warned that it could worsen Panama’s reputation as a place lacking financial transparency, already heightened by its presence on the European Union’s list …
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