![Looking-in-on-Panama-City,-Central-America-min Looking in on Panama City, Central America](https://coingeek.com/wp-content/uploads/2023/01/Looking-in-on-Panama-City-Central-America-min-380x188.jpg)
Panama Supreme Court to rule over the applicability of digital currency legislation
If approved, the new virtual currency legislation aims to make Panama "compatible with the digital economy, blockchain, crypto assets, and the internet."
If approved, the new virtual currency legislation aims to make Panama "compatible with the digital economy, blockchain, crypto assets, and the internet."
According to the local media outlet, the Laurentino Cortizo's major concern is that the bill does not sufficiently adapt digital assets to the rules that regulate the Panamanian banking system.
Panama's President Laurentino Cortizo, whose signature is needed for the bill to progress, said he would not sign it without getting certain confirmations first.