Panama: Adopted crypto bill regulating commercialization and use of crypto assets
Description
Adopted crypto bill regulating commercialization and use of crypto assets
On 28 April 2022, the National Assembly of Panama approved Bill No. 697, also called the "crypto bill". The bill regulates the commercialization and use of crypto assets, providing the legal basis for private and public actors to use cryptocurrencie…
Scope
Policy Area
Authorisation, registration and licensing
Policy Instrument
Authorisation of goods or services
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies), DLT development
Implementation Level
national
Government Branch
legislature
Government Body
parliament
Complete timeline of this policy change
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2021-09-06
under deliberation
2022-04-28
adopted