entrepreneurship

Panama’s crypto-bill will make it ‘compatible’ with crypto-assets, digital economy

Source Node: https://ambcrypto.com/after-el-salvador-panama-introduces-bill-to-regulate-cryptocurrencies/
Time Stamp: September 7, 2021 8:00 PM - Modified On: September 7, 2021 - Published By:
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Republished By Plato

As El Salvador became the first country to make Bitcoin legal tender, another Central American country took a step towards recognizing the importance of cryptocurrencies. The Republic of Panama, recently introduced its cryptocurrency bill. Panamanian Congressman Gabriel Silva, in a tweet thread, announced the same. According to him, the bill aimed to make Panama a “country compatible with the digital economy, blockchain, crypto assets, and the internet.” Moreover, use cryptocurrencies remained optional for individual citizens as well as businesses as per the said bill, which did not compel anyone to

Adoption of Crypto by South American Countries and Implications for Gambling

Source Node: https://themerkle.com/adoption-of-crypto-by-south-american-countries-and-implications-for-gambling/
Time Stamp: August 28, 2021 1:36 PM - Modified On: August 28, 2021 - Published By:
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Republished By Plato

South American nations are becoming more receptive to cryptocurrencies, with some attempting to legalize Bitcoin. The continent may be leapfrogging everyone else in cryptocurrency adoption as a result of its leaders’ acceptance.The continent may be leapfrogging everyone else in cryptocurrency adoption as a result of its leaders’ acceptance.El Salvador and Paraguay are grabbing attention in the world of BitcoinCryptocurrencies have gained widespread adoption in almost every country on Earth. No country, however, has elevated Bitcoin’s status to that of legal tender. El Salvador aims to be the very first country

First company ever founded in Liechtenstein without bank account but instead with Ether as initial non-cash contribution

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Time Stamp: December 4, 2020 1:30 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

We are pleased to announce that on 13th August 2020, Amazing Blocks was established as the first company in Liechtenstein with an initial contribution of Ether instead of cash. For the foundation, a bank account in Liechtenstein was not necessary. It is now possible to found a company solely with the contribution of crypto assets in Liechtenstein without the need for a bank account. As a product, Amazing Blocks offers “digital legal entities as a service”. Specifically, this is software to tokenize the shares for legal entities in Liechtenstein leveraging

Is Blockchain Necessary? An Unbiased Perspective

Source Node: https://cointelegraph.com/news/is-blockchain-necessary-an-unbiased-perspective
Time Stamp: April 3, 2020 3:42 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Yes, that’s the question we are asking today. Is blockchain technology necessary? The answer is tricky. To arrive at the conclusion takes an unbiased perspective. Bankers and people in the stock market will tell you that it’s the epitome of evil. Blockchain engineers and enthusiasts will tell you it’s the future of the world. The government, as usual, will be indecisive.Both are overly eager in their opinions, and both are unfortunately wrong. Blockchain is wonderful and revolutionary, no doubt there. But it has some very serious cons that are underplayed