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waldo77

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Thursday, 05/12/2022 10:57:21 PM

Thursday, May 12, 2022 10:57:21 PM

Panama Follows El Salvador as it Plans to Adopt Bitcoin and other crypto like XDC Network as Legal Tender
https://bitcoinist.com/panama-follows-el-salvador-as-it-plans-to-adopt-bitcoin-and-other-crypto-like-xdc-network-as-legal-tender/

"...Bitcoin (BTC) and other cryptocurrencies including XDC Network will soon be accepted in Panama after the National Assembly passes the initial steps. Legislation that attempts to control the usage of crypto assets in the area was approved in the first debate. It is crucial for Panama because it aims to provide legal stability to crypto-assets, says Gabriel Silva, a congressman and one of the law’s advocates.

The second goal of the law, according to him, is to grow the crypto business and bring in investment that creates jobs. Thus, the plan calls for the acceptance of bitcoin and other digital currencies as payment methods over the whole of Panama’s geography. ETH, XRP, Litecoin (LTC), XDC Network (XDC), Elrond (EGLD), Stellar (XLM), IOTA, and Algorand are among the cryptocurrencies specifically named..."