Panama’s crypto bill saga has reached a new chapter, with the country’s Supreme Court deciding the future of the local crypto industry. Panama’s President Laurentino Cortizo sent on Jan. 26 the Bill No. 697, dubbed the “crypto bill,” to the high court for review and approval, after objecting to the legislation, claiming it violated the constitution’s core principles and was unenforceable. The Supreme Court must now decide whether to declare the legislation unenforceable or to approve it with modifications. According to an official statement, the government considers articles 34 and 36 of the bill unenforceable, since they violate the state’s
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Author: NixCoin