Panama is taking steps to make the country a more favorable location for crypto businesses. The countrys legislature just passed a bill that will allow the use of Bitcoin (BTC), Ether (ETH), Litecoin (LTC), and other digital currencies as means of payment for transactions and wont impose capital taxes on crypto assets. The bills sponsor, Panamanian Congressman Gabriel Silva, announced on Thursday that the countrys National Assembly Gabriel Silva passed the legislation. The lawmaker said that the new legislation will benefit the country by creating more jobs and promoting financial...
source: https://tokenpost.com/Panama-to-allow-Bitcoin-Ether-and-7-other-cryptos-as-a-means-of-payment-for-transactions-9599
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