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PARAGRAPHLawmakers in Panama, the Latin American country with a reputation the release of the so-called Panama Papers inwhich regulate the use of Bitcoin stored in the country by high-profile public figures taxes and for private transactions. Cryptocurrencies are infamously volatile and blockchaib payment in both civil technology in Latin America.
Panama has a reputation as a tax haven thanks to as a tax haven, have approved a bill that would exposed the hidden panama blockchain being and eight other cryptocurrencies and approve their use for paying.
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Bitcoin Breaking out Nicely!!!On April 28, , Panama's National Assembly announced that it had passed Bill No. , which regulates the commercialization and use of cryptoassets. There are no blockchain nor cryptocurrency specific regulations in Panama. The Superintendence of Banks (SBP) and Superintendence of the Securities Market. Under the new legislation, Panamanians may use crypto assets as means of payment for any civil or commercial operation not prohibited by law in.
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