đšđš #PanamaCrypto đš$USDC đšđš
đ”đŠ Panama City Goes Crypto-Friendly!
Big news out of Panama â the City Council just gave the green light for crypto payments across public services! Here's whatâs up:
đž Pay with Crypto: Residents can now use BTC, ETH, USDC, and USDT to pay for things like taxes, permits, fines, and municipal fees. Super convenient for crypto holders!
đïž First in the Country: Panama City is officially the first public institution in the country to accept digital assets for payments. Definitely a bold move.
đ No Legal Hurdles: To stay compliant with national laws, all crypto payments will be instantly converted to USD through a partner bank â so the city doesnât actually hold any crypto itself.
âïž Backed by Lawmakers: Panamaâs National Assembly had already passed a broader bill regulating the use of various cryptos like BTC, ETH, XRP, LTC, and others for civil and commercial purposes. This local move just builds on that momentum.
đ Global Vision: Panama wants to become a crypto and tech hub in Latin America â and this is a step in that direction. Itâs about innovation, inclusion, and making government services more accessible.
