• Written by: Vignesh Karunanidhi
  • Fri, 20 May 2022
  •   Estonia

Panama’s president has refused to sign new crypto laws into effect, citing the necessity for tougher anti-money laundering (AML) compliance procedures. The bill, which focused on issuing licenses to crypto exchanges and regulating transactions, was enacted by the country’s legislative assembly. The bill, according to President Laurentino Cortizo, demands stricter anti-money laundering safeguards for cryptocurrency. […]

Panama President Refuses to Sign the Crypto Law Until Stern Anti-money Laundering Measures Are in Place