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Panama City Residents Now Allowed To Pay Taxes And Other Fees With Bitcoin, Ether

  • Panama City has adopted crypto-based tax payments following a city council vote.
  • Residents can pay municipal taxes, fees, parking tickets, and permits using Bitcoin, Ethereum, and stablecoins USDT and USDC.
  • Panama City becomes the first public institution in the country to accept digital assets for government transactions.
  • The move aligns with the global trend of increasing adoption of cryptocurrencies in public services.

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