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

<a href="https://www.tronweekly.com/panama-president-refuses-to-sign-the-crypto-law/" title="Panama President Refuses to Sign the Crypto Law Until Stern Anti-money Laundering Measures Are in Place" rel="nofollow"><img width="300" height="169" src="https://ethereumreader.com/wp-content/uploads/2022/05/panama-president-refuses-to-sign-the-crypto-law-until-stern-anti-money-laundering-measures-are-in-place.png" class="webfeedsFeaturedVisual wp-post-image" alt="Panama President Refuses to Sign the Crypto Law Until Stern Anti-money Laundering Measures Are in Place" style="display: block; margin-bottom: 5px; clear:both;max-width: 100%;" link_thumbnail="1" srcset="https://ethereumreader.com/wp-content/uploads/2022/05/panama-president-refuses-to-sign-the-crypto-law-until-stern-anti-money-laundering-measures-are-in-place.png 300w, https://ethereumreader.com/wp-content/uploads/2022/05/panama-president-refuses-to-sign-the-crypto-law-until-stern-anti-money-laundering-measures-are-in-place-1.png 1024w, https://ethereumreader.com/wp-content/uploads/2022/05/panama-president-refuses-to-sign-the-crypto-law-until-stern-anti-money-laundering-measures-are-in-place-2.png 768w, https://www.tronweekly.com/wp-content/uploads/2022/05/panama-bitcoin.png 1200w" sizes="(max-width: 300px) 100vw, 300px" title="Panama President Refuses to Sign the Crypto Law Until Stern Anti-money Laundering Measures Are in Place 1"></a>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. […]