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The Defiant 2025-04-16 13:00:33

Panama City Council Votes to Accept Bitcoin and Cryptocurrencies for Tax Payments

Panama City has officially adopted Bitcoin and other cryptocurrencies for tax payments, following a recent vote by the city council. This move marks a significant step towards the integration of digital currencies in governmental financial transactions. The decision reflects a growing trend of cryptocurrency acceptance in various municipalities around the world, as Panama City joins other cities in exploring the potential of blockchain technology for public finance. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

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