🚨🚨 #PanamaCrypto 🚨$USDC 🚨🚨
🇵🇦 Panama City Goes Crypto-Friendly!
Big news out of Panama — the City Council just gave the green light for crypto payments across public services! Here's what’s up:
💸 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!
🏛️ 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.
🔄 No Legal Hurdles: To stay compliant with national laws, all crypto payments will be instantly converted to USD through a partner bank — so the city doesn’t actually hold any crypto itself.
⚖️ Backed by Lawmakers: Panama’s 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.
🌍 Global Vision: Panama wants to become a crypto and tech hub in Latin America — and this is a step in that direction. It’s about innovation, inclusion, and making government services more accessible.