Panama Financial News
04.03 / 01:13
Tether
USDT
Ether
Bitcoin
open
Breaking: Tether Investigation Reveals Use of Fraudulent Documents and Obscured Identities to Open Bank Accounts
Amid struggles to maintain access to the global banking system, the companies behind Singapore-based USDT stablecoin issuer Tether used a mixture of fraudulent documents, obscured identities and shell companies, according to a new bombshell report by the Wall Street Journal.
30.01 / 23:15
regulation
Senate
Arizona senator doubles down on crypto amid the winter of discontent: Law Decoded, Jan. 23-30
Even though this winter continues to stress test the case for Bitcoin (BTC) advocation, some lawmakers strive to put their names on the crypto hot list among the likes of United States Senators Cynthia Lummis and Pat Toomey. State Senator Wendy Rogers, 68, introduced two bold bills in the Arizona legislature. One focuses on making BTC legal tender in the U.S. state. If passed into law, BTC will have the same status as the U.S. dollar, becoming an accepted medium of exchange for debt payment, public charges, taxes and dues in the state. The bill is not Rogers’ first attempt at making BTC legal tender, with a similar bill defeated in 2022.
30.01 / 00:59
Adoption
regulation
legislation
Panama's Supreme Court to rule on cryptocurrency legislation
Panama's crypto bill saga has reached a new chapter, with the country's Supreme Court deciding the future of the local crypto industry.
09.11 / 18:21
scam
Fake OneCoin-selling Surgeon and Businessman Jailed in Argentina
A criminal court in Argentina’s Córdoba has jailed two men – a businessman and a surgeon – for their part in developing a pyramid scheme based on selling fake tokens they claim were “affiliated” with the OneCoin crypto scam.
02.11 / 21:09
ETH
BTC
Assurant
Arrow
Biggest Crypto Options Exchange Deribit Hacked for $28 Million – What Happened?
Panama-based crypto derivatives exchange Deribit has suffered a hacking attack estimated to be worth some $28 million. The exchange claims that its customers’ funds remain safe despite the latest attack.
02.11 / 12:47
business
regulation
Huobi
Caribbean
Huobi Global reportedly plans relocation to the Caribbean
Chinese crypto exchange, which recently has had to disavow the rumors about massive layoffs inside the company, unveiled the plans to move its headquarters to one of the jurisdictions in the Caribbean, with Dominica being the first candidate.
27.10 / 00:05
business
regulation
DAO
SushiSwap to create three DAOs in Panama and Cayman in business restructuring
The Sushi DAO, a decentralized autonomous organization behind crypto exchange SushiSwap, has approved a legal restructuring on Oct. 26 that creates three new decentralized entities, aiming to provide more flexibility to its operations.
27.09 / 13:39
18.08 / 12:53
Blockchain
Citi
Provident
Pool
Kingdom Quest Launches Token IDO on Poolz
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
12.08 / 22:13
26.07 / 12:59
Study
Bitcoin
Hong Kong positioned as the most crypto-ready country in 2022
While public acceptance remains key to crypto’s existence, the road to mainstream crypto adoption requires governments to set up a supporting infrastructure that complements the requirements of the technology and the people.
22.06 / 00:13
Law
Bitcoin
Colombia's new president seems to be a fan of Bitcoin
Gustavo Petro, who recently won the 2022 Colombian presidential election, has previously made statements in favor of cryptocurrencies.
21.06 / 16:43
business
Adoption
Deloitte
Bitcoin
businesses
Deloitte and NYDIG set up alliance to help businesses adopt Bitcoin
Professional services giant Deloitte is getting increasingly serious about Bitcoin (BTC) amid the ongoing market downturn, setting up a major initiative to promote BTC adoption.
21.06 / 11:13
SEC
Bitcoin
Law Decoded, June 13–20: Celsius exodus and liquidity crisis
Last week, the Celsius Network wrote its name in the alarming recent history of the crypto market failures alongside Terra. The American platform has unstaked $247 million worth of Wrapped Bitcoin (wBTC) from the Aave protocol and sent it to crypto exchange FTX while putting the withdrawal option for users on a stop.
17.06 / 18:51
Gaming
Fashion
Lost
Panama's 'Lost Crypto Opportunity', Thailand's Huobi Closing, Canada's Bitvo Acquired by FTX + More News
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
17.06 / 09:25
Law
AML
bills
guidelines
President of Panama shoots down crypto bill citing FATF guidelines
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.
31.05 / 13:19
business
Adoption
Banks
Bitcoin
services
Top 30 Panama Bank is 'Bitcoin friendly,' welcomes crypto services
Panama’s path to crypto adoption is stepping up a gear. Towerbank, a Panamanian financial institution with over 200 employees and 40 years of banking experience, has declared itself Bitcoin friendly (BTC), paving the way for crypto accounts.
30.05 / 23:05
Ethereum
Fashion
Bitcoin
10 Brazilian Business Giants That Have Taken the Bitcoin, Crypto Plunge
Crypto adoption is on the march in Brazil – where the government has all but incentivized mining by waiving tax duty on mining rig imports.
20.05 / 18:47
Binance
CFTC
economics
Stocks Hurt US Households More Than Crypto, Commonwealth Bank Pauses Crypto Plans, Bitcoin PizzaDAO + More News
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
05.05 / 00:23
Ethereum
IOTA
MIOTA
Bitcoin
IOTA [MIOTA] comes to Panama and here’s how the metrics reacted
Alts are not having an easy time of it recently, as market fear and macro events prompt traders to look at Bitcoin [BTC], Ethereum [ETH], and other big coins as they search out stability and security. However, that doesn’t mean projects outside the top 10 list are losing out on the action. In fact, IOTA [MIOTA] has been seeing some interesting happenings.
03.05 / 03:29
cryptocurrency
Adoption
Bitcoin
Warning
Crypto Bills in Panama, Brazil Progressing Fast, but Argentina Province Sends Mining Warning
Crypto adoption is rising high on the political agenda in Latin America, where legislation is edging closer to promulgation – although Argentinean Bitcoin (BTC) and crypto miners have received a warning that if the chips are down, they could be ordered to power down their rigs.
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