Bill 454.

First debate (committee stage)
  • TypeBill
  • 454
  • FiledOctober 15, 2025

Summary of the bill.

The bill proposes mandatory licensing and supervision for those providing virtual asset services to third parties in the Republic of Panama. It defines the assets and activities covered, establishes duties concerning anti-money laundering, security and user support, and assigns regulatory, inspection and enforcement functions to the General Directorate of Financial Enterprises (Dirección General de Empresas Financieras).

Open reference PDF

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