Panama Introduces Bill To Allow Use Of Cryptocurrencies For Payments.
08 Sep 2021, 08:00
Panama Introduces Bill To Allow Use Of Cryptocurrencies For Payments
Panama is the latest Latin American country contemplating cryptocurrencies, joining El Salvador, which today became the first country in the world to officially make bitcoin legal tender.
On September the 6th, a member of Panama’s independent opposition party, Bancada Independiente, presented a bill that could spearhead the incorporation of bitcoin as an alternative currency and potentially make the country “compatible with the blockchain, crypto assets, and the Internet”.