Mayor of Panama under investigation for allowing payments with Bitcoin

Guillermo Carz, lawyer and former ambassador to the Organization of American States (OAS), recently filed a complaint against the mayor of the Panamanian capital, Mayer Mizrachi. The lawyer argues possible conflicts of interest between Mizrachi and Benjamín Méndez Kardoski, president of TowerBank, the entity that signed an agreement with the Mayor’s Office to enable the…

“Bitcoin regulation must come at some point,” says Towerbank executive

Towerbank is a bank that defines itself as “crypto friendly”. During the COVID-19 pandemic, Towerbank detected its clients’ interest in cryptocurrencies. In a world where bitcoin (BTC) and cryptocurrencies have gone from being a niche experiment cypherpunk To a multibillion-dollar industry, the arrival of regulation seems inevitable. This was reflected by Johan Hernández, a business…

They ask in Panama to accelerate the regulation of bitcoin and cryptocurrencies

Panamanian venture capitalists see it necessary to regulate cryptocurrencies by aligning themselves with the FATF. “Panama has failed to interpret the reality of cryptocurrencies,” say investors. Panama is on the verge of a transformation in its financial market with the possible regulation of cryptocurrencies and the tokenization of assets, according to specialist Alfredo Muñoz. In…