Panama City Makes History: Legalizes Cryptocurrency Payments for Public Services

In a landmark move, Panama City’s municipal government has authorized residents to pay public service fees using cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and stablecoins such as USD Coin (USDC) and Tether (USDT). This decision, approved by the city council, marks a significant step towards mainstream cryptocurrency adoption in government operations and sets an example for Latin America and beyond.