Panama City to Accept BTC, ETH, USDC, USDT for Public Services

The Panama City Council, as reported by Mayer Mizrachi, has voted to become the first government institution in Panama to accept cryptocurrency payments for public services. Residents can now pay taxes, fees, tickets, and permits using Bitcoin (BTC), Ethereum (ETH), USD Coin (USDC), and Tether (USDT).

This move allows for the integration of cryptocurrencies into municipal operations in Panama City, despite the legal requirement for public institutions to receive funds in USD.

This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.