Thu. Sep 23rd, 2021

    Panama to legalize Bitcoin in line with El Salvador

    Panama is joining the ranks to legalize blockchain technology and cryptocurrencies and its flagship asset — Bitcoin (BTC). A crypto law has been presented to the national assembly to position the country at the forefront of technology innovation. Among the advantages of cryptocurrency legalization, the 32-year-old congressman Gabriel Silva listed the enhancement of job creation, the support for innovation, government transparency, the emergence of new businesses or ventures, decentralization, and the expansion of what the country’s financial services industry currently offers.