Now it's up to Panama's Supreme Court to decide whether to declare the crypto bill unenforceable or approve it.
Panama's crypto bill saga has reached a new chapter, with the country's Supreme Court deciding the future of the local crypto industry.on Jan. 26 the Bill No. 697, dubbed the"crypto bill," to the high court for review and approval, after objecting to the legislation, claiming it violated the constitution's core principles and was unenforceable.
The Supreme Court must now decide whether to declare the legislation unenforceable or to approve it with modifications.to an official statement, the government considers articles 34 and 36 of the bill unenforceable, since they violate the state's separation of powers and establish administrative structures within the government.
President Cortizo also argued that the bill had been approved through an inadequate procedure, following his partial veto of the legislation in June. At the time, the president considered the bill needed more work to comply with new regulations
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Justice Kavanaugh says he is 'optimistic' about Supreme Court's futureSupreme Court Justice Brett Kavanaugh has stated that he is 'optimistic' about the Supreme Court's future after a historic year for the court in 2022.
Read more »
Kavanaugh praises new Supreme Court Justice Jackson: 'Thoroughly prepared'Supreme Court Justice Brett Kavanaugh praised his new colleague Justice Ketanji Brown Jackson as someone who is 'thoroughly prepared' and has 'hit the ground running.'
Read more »
Why Justice Brett Kavanaugh is 'optimistic' about the Supreme CourtHe also praised retired Justice Stephen Breyer and the late Justice Ruth Bader Ginsburg.
Read more »
Ohio Supreme Court Justice Joe Deters recuses himself from abortion caseDeters, a Republican whom Gov. Mike DeWine recently appointed to the court, was named as a defendant in the case when abortion providers filed it in the Hamilton County Court of Common Pleas on Sept. 8.
Read more »
South Carolina Supreme Court demands more information on death penalty casesThe South Carolina Supreme Court is demanding more information on death penalty cases statewide. It could take up to four months for state justices to decide on a dealth penaty method.
Read more »
Multiple organizations file Supreme Court briefs debating hold on Utah's abortion lawUtah's efforts to remove an injunction halting Utah's abortion law from being enforced continues with multiple groups on both sides making their cases in briefs with the Utah Supreme Court.
Read more »