Panama City Joins Crypto Revolution: Accepting Bitcoin and Ethereum Taxes

Panama City, under the leadership of Mayor Mayer Mizrachi, has taken a bold step forward in embracing cryptocurrency for tax payments. As of April 16, 2025, residents can now pay their taxes, fees, tickets, and permits using Bitcoin (BTC), Ethereum (ETH), USDC, and USDT, marking a significant shift toward digital finance within the city’s government. This move follows El Salvador’s pioneering adoption of Bitcoin as legal tender, setting a precedent for others to follow.