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Regulation news
Panama’s President Laurentino Cortizo has partially vetoed Bill No. 697, dubbed the “crypto bill,” saying it requires more work to better fit Panama’s financial regulations -- it needs to conform to new regulations recommended by the Financial Action Task Force (FATF) outlining “fiscal transparency and prevention of money laundering,” local media outlet La Prenda reported. Congressman Gabriel Silva tweeted that the veto was “a lost opportunity to generate jobs, attract investment and incorporate technology and innovation in the public sector.”
US Secretary of the Treasury Janet L. Yellen met with CEO members of the board of directors of the Bank Policy Institute to discuss efforts to promote responsible innovation in digital assets, among other questions. The Secretary and members of the board also discussed the need...
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