Panama allows government agencies to accept cryptocurrencies such as BTC and ETH
This article is machine translated
Show original
Planet Daily News: Panama City Mayor Mayer Mizrachi posted on X platform, stating that the Panama City Council has voted to pass a proposal allowing government public institutions to accept cryptocurrency payments, including taxes, fines, tickets, and license fees. The first batch of supported cryptocurrencies includes BTC, ETH, USDC, and USDT. The plan does not require new legislation, but instead will convert crypto payments to US dollars through bank cooperation to meet the legal collection requirements of public institutions.
Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share
Relevant content






