Panamanian Lawmakers to Hold Discussions on Regulating Cryptocurrencies in the Country

Panamanian lawmakers will start to analyze a draft bill that seeks to regulate cryptocurrencies in the nation. Local deputy (MP) Rolando Rodríguez presented the bill to the Commerce Commission of Panama’s National Assembly. Draft Bill’s Author: Panama Is Lagging Behind Other Countries in the Matter According to La Estrella de Panama, the MP is advocating … Read more

Colombian Financial Watchdog Says Local Firms Can Use Capital to Buy Bitcoin

The Superintendency of Corporations in Colombia has explained in an official note that companies in the country are legally allowed to buy cryptocurrencies, specifically bitcoin (BTC), to inject capital as long as they abide by local regulations. Colombian Watchdog: Local Firms Can Use Capital to Buy Bitcoin if Companies Demonstrate Tokens Are ‘Intangible Assets’ According … Read more

Chilean NGO Prepares Draft to Include Crypto in New Constitution — Releases ‘Scam Blacklist’

A pro-Crypto Chilean NGO hosted a series of conferences on cryptocurrencies and blockchain topics for educational purposes, named Cryptonight 2020, where they announced the preparation of a proposal to submit it in the context of the drafting of a new constitution and the release of a crypto blacklist. Chilean NGO to Submit a Proposal for … Read more

Latin Americans Turn to Bitcoin as Local Fiat Currencies Plunge

Latin Americans have embraced cryptocurrency as a store of value while their fiat currencies depreciate, a new report shows. Bitcoin adoption in the region is further driven by the lack of banking access and remittance needs. Latin American Bitcoin Adoption Blockchain data analytics firm Chainalysis released a new study of cryptocurrency usage in Latin American … Read more