"Panama City adopts cryptocurrencies for the payment of municipal taxes"$XRP $BTC $ETH

The mayor of Panama City, Mayer Mizrachi, has announced that municipal taxes can be paid using cryptocurrencies. This initiative, approved by the Municipal Council and in collaboration with Towerbank, will allow citizens to make payments in crypto assets, which will be converted to dollars by the bank before being transferred to the municipality. The use of cryptocurrencies will be optional and will not replace traditional payment methods. This measure is expected to promote fiscal transparency and position the city as a leader in financial innovation in the region.