Panama City Will Accept $BTC , $ETH as Payment for Public Services
While many governments are still debating crypto regulation, Panama City just did it. ๐๏ธ Starting with BTC, ETH, USDC, and USDT, locals will soon be able to pay for public services โ from taxes to permits โ using digital assets.
Mayor Mayer Mizrachi says theyโve found a legal workaround without waiting on national legislation. Instead, the city will work with banks to convert crypto to fiat.
This move shows a growing trend: not just legalizing crypto, but integrating it into real, everyday use cases.
Panama isnโt trying to make crypto 'legal tender' โ theyโre just making it useful.