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El Salvador

Why the U.S. Dollar Works for Panama

Why the U.S. Dollar Works for Panama

In the international economy, Panama is considered stable and reliable. One reason: the economic system is rooted in the U.S. dollar. The use of the dollar makes Panama unique in the global economy and an easy trading partner. Other countries…

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Panama Considering New Cryptocurrency Law

Panama Considering New Cryptocurrency Law

A proposed law would establish cryptocurrency as an established form of alternative payment in Panama and help clear the way for wider acceptance of bitcoin, ethereum, and other elements of the digital economy. The law is only in draft form,…

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Panama Considers Crypto as Legal Tender

Panama Considers Crypto as Legal Tender

The government of Panama is about to consider new legislation that would provide a dramatic boost for the role of cryptocurrency in the local economy. Congressman Gabriel Silva has announced plans to introduce a bill that would recognize cryptocurrency as…

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