Laurentino Cortizo, the president of Panama, has vetoed the recently approved cryptocurrency law, sending it back to the National Assembly to be discussed.
A lost opportunity to generate jobs, attract investment and incorporate technology and innovation in the public sector. The country deserves more opportunities and also financial inclusion.Silva also explained he was studying the needed changes for the bill and that it would be going now to two committees of the National Assembly — the Government Commission and the Trade Commission. After this, it will have to be discussed twice, again.
concerns about the scope and some of the definitions of the law. In an interview given in May, when asked about the approval of the crypto law, Cortizo stated:If I’m going to answer you right now with the information that I have, which is not enough, I will not sign that law.