<ul><li>Panama has introduced a draft bill to regulate cryptocurrency and integrate blockchain into government processes.</li><li>The bill aims to attract crypto companies like Binance, PayPal, and Coinbase by creating a legal framework.</li><li>The proposed bill is part of Panama's plan to position the country as a fintech leader in Latin America.</li><li>The bill includes rules for the use of cryptocurrency for payments, licensing for virtual asset service providers (VASPs), and government adoption of blockchain technology.</li></ul>

Panama Proposes New Law for Crypto Payments and Industry Regulation

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