Panama asks to accelerate the regulation of bitcoin and cryptocurrencies


News from Panama

Panama is at the est of a transformation in its financial market with the possible regulation of cryptocurrencies and the tokenization of assets, according to specialist Alfredo Muñoz. In the conversation “Approximation to the Regulation of Digital Assets in Financial Markets”, held this week, Muñoz highlighted that regulation promises to revolutionize the management of financial assets. “The […]

October 18, 2024

Costa Rica, Dominican Republic, and Panama Join FTC’s International Agreement


News from Panama

The Federal Trade Commission (FTC) announced that consumer protection agencies from Costa Rica, the Dominican Republic, and Panama have joined a 2023 multilateral agreement with agencies from Chile, Colombia, Mexico, and Peru. This agreement, known as the Multilateral Memorandum of Understanding (MMOU), is focused on encouraging cooperation to combat cross-border fraud and illegal practices. By […]

October 11, 2024

S&P ratifies “AA” rating of the BCIE with a stable outlook


News from Panama

The risk rating agency Standard & Poor’s (S&P), ratified the long-term international rating of the Central American Bank for Economic Integration (BCIE) in “AA”; with a stable outlook. According to the rating agency, this ratification reflects the financial strength of the BCIE, based on a prudent administration of its balance sheet through conservative financial policies. […]

October 11, 2024

Panama Rejects Russian Influence in Central American Politics


News from Panama

Panama, which will assume a seat as a non-permanent member of the UN Security Council in January, lamented on Sunday the decision of the Central American Parliament (Parlacen) to approve a request to incorporate Russia as an observer. The Panamanian government “deeply regrets the untimely decision of the Central American Parliament to grant Permanent Observer […]

October 11, 2024

ATP and CANATURI join efforts to strengthen indigenous tourism in Panama


News from Panama

The Panama Tourism Authority (ATP) met with the National Chamber of Indigenous Tourism (CANATURI) to promote indigenous tourism in the country, highlighting the importance of the inclusion of indigenous peoples in sustainable tourism development. At the meeting, strategies were addressed to increase the visibility of indigenous destinations and create products that reflect their traditions. The […]

October 11, 2024