The National Assembly of Panama has advanced a cryptocurrency law project that seeks to regulate cryptocurrency activity to give more clarity to the sector in the country.
Panama is taking steps to regulate crypto assets and the businesses that use them in the country.
The proposed law includes definitions and concepts about cryptocurrencies, blockchain technology, and the implementation of these decentralized tools to simplify state affairs.
One of these projects is the Brazilian Blockchain Network, which is also being developed as a base for public organizations in the country to build upon.
Having a computer engineering background, living in Venezuela, and being impacted by the cryptocurrency boom at a social level, he offers a different point of view about crypto success and how it helps the unbanked and underserved.
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The Central Bank of Brazil has confirmed that the institution will run a pilot test regarding the implementation of its proposed central bank digital currency , the digital real.