The second day of the Blockchain Summit Latam 2022 passed with important presences from the regulatory field of various countries. In addition, the event discussed business, the impact of blockchains in the public and private sectors, and the adoption of bitcoin (BTC).
As on the first day, the Panama City Convention Center received early hundreds of bitcoiners, entrepreneurs, representatives of large companies and officials of various governments in the region. The perfect combo to find a pleasant and fruitful conversation in every corner of the first floor of the building, which impresses with its striking modern style and which was inaugurated just over seven months ago.
Brock Pierce, President of the Bitcoin Foundation, was the first to speak to attendees about the benefits of bitcoin and its benefits (not in person, but by streaming). The moderator of this first gathering of the day was Janice Becerra, president of the Chamber of Digital Commerce and Blockchain of Panama.
After the American followed by relevant personalities of the bitcoiner ecosystem of El Salvadorwhich will soon celebrate a year of having sanctioned the Bitcoin Law that establishes cryptocurrency as legal tender in that country.
Among them, Mónica Taher, secretary of international technological and economic affairs, stood out. The official left a couple of titles worth highlighting, such as El Salvador has the goal of having its first “unicorn” (company whose capitalization exceeds USD 1,000 million) and the statement that “many companies in the cryptocurrency sector” approached that country to “knock on doors” to invest in it.
In turn, Taher exchanged views—both onstage and later in the hallways—with other organizers of educational and outreach initiatives around the country.
More voices on the Bitcoin-States relationship
After noon of the hot but sunny day in Panama, it was the turn of Samson Mow, CEO of Jan3 and one of the main promoters of the state adoption of Bitcoin. In an almost relaxed talk moderated by Javier Bastardo, Mow commented on his participation in the adoption of bitcoin by El Salvador and gave indications that there will be news in cities and regions of more countries “that still cannot be advanced”, as he stated today.
Another representative from Panama was Gabriel Silva, a member of the country’s National Assembly, who shared the stage with the senator of Mexico Indira Kempis, main promoter of the “creation of a legal framework” for bitcoin and cryptocurrencies in your country.
In their own way and through various initiatives, both work in the legislative field so that bitcoin earns the place they believe it deserves in the monetary and financial system of each nation. In the discussion panels of the Blockchain Summit Latam 2022 presented its main characteristics and they also endowed them with their particular vision on the appropriate approach for each case.
The business view on Bitcoin today
Regarding the participation of the private sector in the Blockchain Summit Latam 2022, one of the protagonists of the second day was Maximiliano Hinz, general director of Binance in Latin America. The Argentine manager detailed the scope and advantages of using blockchains in projects in various countries today, as well as its benefits for users.
There were also other exponents of companies in the cryptocurrency sector, and not even the banks wanted to stay out. Directors of banking companies from Panama and Colombia discussed their role in this area, and even a major Panamanian bank gave more details to the audience about the “bitcoin-friendly” accounts that CriptoNoticias recently reported.
Tomorrow, Friday July 8, will be the day that will close the event. It will focus on decentralized finance (DeFi), Web3, and technology. Notably this newspaper has special envoys on the scene and everything that happens in the Panamanian capital can be followed through our social networks and subsequent publications on this portal.