On April 15, Panama City Mayor Mayer Mizrachi announced that the capital will accept tax and municipal payments in cryptocurrencies such as BTC, ETH, USDC, and USDT once fiat conversion rails are in place. The local government is partnering with a bank to instantly convert crypto into USD, avoiding the need for new legislation. Panama City joins global jurisdictions like Colorado (USA), Lugano (Switzerland), and Vancouver (Canada), which are accepting or exploring crypto for taxes and public finance.