Panama’s president says he won’t sign crypto bill into law ’at this moment’ By Cointelegraph

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Panama’s president says he received’t signal crypto invoice into regulation ’at this second’

Laurentino Cortizo, the president of Panama, has stated he received’t log off on a crypto invoice just lately accepted by the nation’s Nationwide Meeting with out extra Anti-Cash Laundering guidelines.

Talking on the Bloomberg New Financial system Gateway Latin America convention on Wednesday, Cortizo stated the invoice just lately handed by Panama’s legislature should undergo authorized checks earlier than reaching his desk, however added he wanted extra info earlier than probably signing it into regulation. Describing the laws as an “progressive regulation” and a “good regulation,” the president stated he accepted of sure features of the invoice however hinted at attainable illicit makes use of of cryptocurrencies that wanted to be addressed.

Panama President Laurentino Cortizo talking on the Bloomberg New Financial system Gateway Latin America convention on Wednesday