{"id":4004,"date":"2025-04-17T10:00:35","date_gmt":"2025-04-17T09:00:35","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=4004"},"modified":"2025-04-17T10:02:53","modified_gmt":"2025-04-17T09:02:53","slug":"panama-city-embraces-cryptocurrencies-form-payment","status":"publish","type":"post","link":"https:\/\/preprod.investx.fr\/en\/crypto-news\/panama-city-embraces-cryptocurrencies-form-payment\/","title":{"rendered":"Panama City Adopts Crypto Payments : A Major Leap for Bitcoin and Altcoins !"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"panama-city-leading-crypto-adoption-in-latin-america\"><strong>Panama City, Leading Crypto Adoption in Latin America<\/strong><\/h2>\n\n\n\n<p>The city of <strong>Panama City<\/strong> stands out as a pioneer in Latin America when it comes to adopting <a href=\"https:\/\/preprod.investx.fr\/en\/crypto-investing\/\">cryptocurrencies<\/a>. Recently, the Panamanian capital announced that residents can now <strong>pay their taxes and municipal fees<\/strong> using digital currencies.<\/p>\n\n\n\n<figure class=\"wp-block-embed aligncenter is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">NEW: \ud83c\uddf5\ud83c\udde6 Panama City council votes in favour of accepting payments in <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> and crypto. <a href=\"https:\/\/t.co\/tvU49OljdS\">pic.twitter.com\/tvU49OljdS<\/a><\/p>&mdash; Bitcoin Magazine (@BitcoinMagazine) <a href=\"https:\/\/twitter.com\/BitcoinMagazine\/status\/1912480751863414885?ref_src=twsrc%5Etfw\">April 16, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>This historic decision makes Panama the <strong>first country in Latin America<\/strong> to take this major step in integrating cryptocurrencies into its traditional financial system. While other cities around the world have already taken this path, such as Miami in the United States, Panama City&#8217;s announcement holds particular significance for the region.<\/p>\n\n\n\n<p>The adoption of <strong>cryptocurrencies <\/strong>by the Panamanian capital is part of a broader strategy to <strong>modernize public finances<\/strong> and attract foreign investments. Local authorities hope that this decision will reduce costs and payment processing times while offering greater ease of use to taxpayers.<\/p>\n\n\n\n<p>Furthermore, the integration of <a href=\"https:\/\/preprod.investx.fr\/en\/crypto-news\/top-3-altcoins-buy-market-rebound\/\">cryptos<\/a> is also expected to promote <strong>financial inclusion<\/strong> for the most marginalized populations, who often struggle to access traditional banking services. Thanks to the decentralized and accessible nature of cryptocurrencies, these <strong>communities<\/strong> can now participate more actively in the local economy.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/t.me\/+TNBX8ef96gdjMGFk\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Join our new Telegram channel !<\/a><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"a-decisive-step-towards-mass-adoption-of-cryptocurrencies\"><strong>A Decisive Step Towards Mass Adoption of Crypto<\/strong>currencies<\/h2>\n\n\n\n<p>Panama City&#8217;s announcement marks a decisive step in the global adoption of cryptocurrencies. By becoming the first country in Latin America to achieve this milestone, Panama sends a <strong>strong signal<\/strong> about the growing interest in these innovative technologies.<\/p>\n\n\n\n<p>This decision could inspire other cities and governments in the region to follow suit, thus accelerating the integration of cryptos into traditional financial systems. This represents a real <strong>opportunity<\/strong> for economic development and financial inclusion for many communities.<\/p>\n\n\n\n<figure class=\"wp-block-embed aligncenter is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Prior administrations tried to push a bill in the senate to make this possible, but we found a simple way to do it without new legistlation. Legally public institutions must receive funds in $, so we partner with a bank who will take care of the transaction receiving in crypto\u2026<\/p>&mdash; Mayer Mizrachi (@Mayer) <a href=\"https:\/\/twitter.com\/Mayer\/status\/1912256776612778374?ref_src=twsrc%5Etfw\">April 15, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>According to Panama District Mayor Mizrachi, they will use <strong>a bank<\/strong> <em>&#8220;that will handle the receipt of cryptocurrency transactions and their immediate conversion into dollars.&#8221;<\/em> This allows them to legally receive funds in dollars, helping to <strong>address<\/strong> regulatory challenges:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;Previous administrations tried to pass a bill in the Senate to make this possible, but we found a simple way to do it without new legislation. This enables the free circulation of cryptocurrencies throughout the economy and the government.&#8221;<\/p>\n<\/blockquote>\n\n\n\n<p>While <strong>regulatory<\/strong> <strong>and technical challenges<\/strong> remain, Panama City&#8217;s announcement demonstrates that cryptocurrencies can now be seen as a viable and relevant solution for modernizing public finances. An <strong>evolution<\/strong> that could have major implications for the long-term adoption of digital assets.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.weex.com\/newbieActivities?id=520&amp;type=BEGINNER_TASK&amp;vipCode=ku3x\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Weex : Earn 50 USDT in just a few clicks !<\/a><\/div>\n<\/div>\n\n\n\n<p><strong>More on this topic :<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/preprod.investx.fr\/en\/crypto-news\/sec-drops-investigation-coinbase-another-win-cryptos\/\">SEC Ends Coinbase Probe : Major Victory for Crypto Industry !<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/preprod.investx.fr\/en\/crypto-news\/solana-sol-could-dip-80-coming-weeks\/\">Why Solana (SOL) Could Dip to $80 in the Coming Weeks<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/preprod.investx.fr\/en\/crypto-news\/2-8-million-pi-tokens-unlocked-pi-network-price-another-drop-soon\/\">2.8 Million PI Tokens to Be Unlocked : Will Pi Network Price See Another Drop Soon ?<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Panama City, the capital of the country, becomes the first location in Latin America to accept cryptocurrencies for municipal payments. This bold move could have global implications for crypto adoption.<\/p>\n","protected":false},"author":32,"featured_media":4001,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_yoast_wpseo_focuskw":"cryptocurrencies","_yoast_wpseo_title":"Panama City Goes Crypto : Big Move for Adoption in Latin America","_yoast_wpseo_metadesc":"Discover how Panama City is leading the way in adopting cryptocurrencies for tax payments. Join the digital revolution in Latin America","footnotes":"","faq_titre":"","questions_frequentes":"","custom_permalink":""},"categories":[10],"tags":[],"class_list":["post-4004","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Panama City Goes Crypto : Big Move for Adoption in Latin America<\/title>\n<meta name=\"description\" content=\"Discover how Panama City is leading the way in adopting cryptocurrencies for tax payments. 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