In 2022, Panamanian President Laurentino Cortizo partially vetoed a bill that would regulate Bitcoin and legalize decentralized autonomous organizations, sending the draft legislation back to the country's National Assembly for debate.
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Panama City Will Accept Bitcoin, Ethereum as Payment for Public Services
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Panama, in 2021, launched a legislative initiative to enable crypto payments nationwide, but after gaining some traction, it stalled in 2022, was partially vetoed by President Laurentino Cortizo, and was ultimately declared unenforceable by the Supreme Court in 2023
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