Panama to introduce a bitcoin bill in July on Bitcoin...

El Salvador already made the leap, could Panama be the next to make the move?

Next month, Panamanian congressman Gabriel Silva plans to present a bill that could potentially spearhead the adoption of cryptocurrencies as legal tender and create tax incentives for crypto-related businesses.

After El Salvador’s president, Nayib Bukele, announced he was proposing a law to make bitcoin (BTC, -3.64%) legal tender, Silva tweeted on June 7 that if Panama wanted to become a true hub of technology and entrepreneurship, it should also support cryptocurrencies.

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“I found El Salvador’s project positive, ambitious, interesting and with good acceptance,” Silva said, adding that he seeks to adapt that project to the reality of Panama and constitute a “positive competition.”

(Source: https://www.coindesk.com/panama-to-present-crypto-related-bill-in-july)

More on it can be seen in that link above.

There were roughly a dozen countries in Latin America that were looking at making a similar move, hopefully they all end up making the move...