Panama Passes Bill to Permit use of Crypto Assets

Panama Passes Bill to Permit use of Crypto Assets

Great news for all Bocas Crypto Refugees!

The National Assembly of Panama had passed the legislation to regulate Bitcoin, Ethereum, Litecoin, Stellar, IOTA and a few other cryptocurrencies. If the bill gets now signed by EL Presidente himself, we will be able to use them for any payments WITHOUT LIMITATION!

Panama Passes Bill to Permit use of Crypto Assets

These currencies would be accepted as payment in both civil and commercial capacities including a launch of an official digital wallet, which grants Panama next to El Salvador as a hub of innovation and technology in Latin America.

Panama Passes Bill to Permit use of Crypto Assets

The “tokenization of precious metals and other goods” would also be permitted under the new law, according to the bill.

This will help us to build on Bocas del Toro exactly that kind of dream we all imagine — no FIAT needed! Seems like we have a few Panama lawmakers in the community as well, awesome.

Do you want to join us and be part of the next big crypto revolution?

Safe your own membership as NFT (the amount is limited)!