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Panama

Panama briefly looked set to embrace crypto, but a 2022 law regulating virtual assets was partially vetoed over anti-money-laundering concerns, leaving the sector largely in limbo. Bitcoin is legal, but not legal tender; the US dollar circulates alongside the balboa. With no central bank and a dollar-based economy, Panama is an attractive base for international business, while the government weighs how to regulate digital assets without running afoul of global AML standards. Panama City's Bitcoin meetups and a small set of accepting businesses keep the scene present. Use this map to find the Panamanian places where you can spend sats.

Panama Map

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