Gabriel Silva will be the next Latin American politician after politicians in Paraguay and El Salvador to join hands in hosting BTC and crypto as legal financial assets of the nations. After El Salvador’s official announcement to adopt Bitcoin and crypto as legally accessible financial assets, Panama is all set to join hands in this bid to adopt and promote BTC mining and crypto transactions in Latin America.The recent transition of El Salvador to accept bitcoin transactions as a legal method of conducting transactions and trading has caused a surge among the prominent states in Latin America. After a few hours of the announcement, Paraguay and Panama had come forth to join the Bitcoin revolution by making BTC and crypto agreements legal in their respective countries. Panama to Adopt
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Gabriel Silva will be the next Latin American politician after politicians in Paraguay and El Salvador to join hands in hosting BTC and crypto as legal financial assets of the nations.
After El Salvador’s official announcement to adopt Bitcoin and crypto as legally accessible financial assets, Panama is all set to join hands in this bid to adopt and promote BTC mining and crypto transactions in Latin America.
The recent transition of El Salvador to accept bitcoin transactions as a legal method of conducting transactions and trading has caused a surge among the prominent states in Latin America. After a few hours of the announcement, Paraguay and Panama had come forth to join the Bitcoin revolution by making BTC and crypto agreements legal in their respective countries.
Panama to Adopt Bitcoin Trading
In a recent interview of Panama, Congressman Gabriel Silva was seen commenting on El Salvador’s exemplary decision to legalize crypto and has urged Panama to follow the same financial trajectory.
Silva in his interview has further highlighted how cryptocurrencies and Bitcoin dealings can be the basis of the country’s next financial advancement. He further made comments on how this technological development is crucial for Panama’s financial growth and prosperity.
In his initial plan of action, the congressman will be preparing a proposal stating the legalization of crypto as the first step in Panama’s growing economic prosperity and has encouraged people to support him in this endeavor.
Silva’s response has been recorded immediately after El Salvador made the statement of BTC adoption to be a part of the country’s fiscal regime. Both nations are now in the process of presenting proposals to make BTC tender legal in their countries.
Gabriel Silva will be the next Latin American politician after politicians in Paraguay and El Salvador to join hands in hosting BTC and crypto as legal financial assets of the nations.
Esto es importante. Y Panamá no se puede quedar atrás. Si queremos ser un verdadero hub de tecnología y emprendimiento tenemos que apoyar las criptomonedas
Estaremos preparando una propuesta para presentar en la Asamblea. Si están interesados en construirla me pueden contactarte https://t.co/yiAzPpD9nj
— Gabriel Silva (@gabrielsilva8_7) June 7, 2021
Tron to Set Up Its First Crypto Office in El Salvador
As the official announcement of El Salvador adopting Bitcoin had caused a recognizable surge in the financial market, Tron CEO Justin Sun had been quite forthcoming about El Salvador’ decision of legalizing BTC mining and has tweeted to set up its first crypto office in the country to promote crypto and BTC transactions without additional hassle.
El Salvador is crypto nation now! #TRON will become the first crypto organization to establish an office in El Salvador! #Bitcoin #TRX
— Justin Sun ?? (@justinsuntron) June 7, 2021
Tron’s CEO in his tweet has highlighted how El Salvador is now a crypto nation and has confirmed its decision to set up the first crypto organization in El Salvador’s premises to encourage commercial Bitcoin/crypto transactions in the country.
Juhi Mirza is an archaeological major who is obsessive about blockchain/Crypto technology and deems it to be the foundational philosophy of the future. Her dogged ability to research and crystallise technical facts/multiple perspectives into rivetting stories makes her an accessible finance writer. She tends to her archaeological pursuits and loves unearthing the past over the weekends.