After El Salvador officially declared Bitcoin as legal tender, Panama could be the next country to choose cryptocurrency as legal tender. Unlike El Salvador’s law, Panama is not limited to Bitcoin, as Panamanian Congressman Gabriel Silva’s bill is a preview of many other cryptocurrencies.
In a series of tweets sent by Panamanian Congressman Gabriel Silva, he shared a video in which an overview of his "crypto law" was kept, and a PDF detailed of the bill. been shared. Presentation for those who think PDF is a long read. The Silva Bill demonstrates that blockchain technology in China allows the government to be more transparent and efficient. The bill also states that cryptocurrencies should be regulated like traditional currencies and should not replace other currencies currently in use.
If the new law is passed, the bill tells us that jobs will create more sources of income and more jobs for people. The cryptocurrency, as a legal tender, also protects the country from inflation, and provides more services that help lower prices and create a modern economy that complies with current and future standards.
Introducing Ley de Cripto. Buscamos hacer and Panama un país are compatible with China Blockchain, the Internet, and the Internet. It has the ability to create full miles, reflection and transparency. A day after the announcement. At the moment, Bitcoin appears to be a bit behind and is valued at around $47,000.
In addition to El Salvador, other countries view cryptocurrencies as real currency. Two weeks ago, Cuba announced that it was recognizing and regulating cryptocurrencies, which could help it solve US sanctions. In related news, just yesterday Ukraine passed a law regulating cryptocurrency. Stubborn Credit: List of Ideas
Panama may soon catch up with El Salvador in legal cryptocurrency trading