[Crypto News - Panama adopts cryptocurrencies for municipal payments]

The City of Panama takes a historic step: it will now be possible to pay municipal taxes in cryptocurrencies such as Bitcoin ($BTC ), Ethereum ($ETH ), and some stablecoins.

This measure, driven alongside Towerbank, aims to:

Modernize the tax system

Increase financial transparency

Turn Panama into a crypto hub in Latin America

Towerbank will automatically convert payments to dollars, protecting the municipality from market volatility.

Can you imagine paying your taxes in crypto in your country?

Do you think this is the path to mass adoption?

Leave me your opinion in the comments.