Panama advances on its way to regulate the use of cryptocurrencies in the country. The Legislative Assembly approved the cryptocurrency bill, which regulates the “commercialization and use of crypto assets, the issuance of digital value, the tokenization of precious metals and other assets, payment systems and other provisions.”

The next step is for the president of the country to endorse and authorize the execution of the law so that it comes into force and citizens can purchase their goods and services daily, if they wish, with cryptocurrencies.

Deputy Gabriel Silva stressed that with the entry into force of the law, it will allow the “Central American country to become a center of innovation and technology in Latin America.” He also pointed out that 50 % of the population is not banked and the cryptocurrency law will help them to write off their assets.

Payment of taxes with cryptocurrencies

The Panamanian cryptocurrency law differs mainly from the one approved in El Salvador because in Panama the acceptance of crypto depends on the desire of the merchant, while in El Salvador the law maintains that “a business must accept Bitcoin if it has the technological means to do so”.

“Today I can go pay something to a merchant, and if the merchant wants to accept crypto, it is allowed, it is legal. Until today, that did not exist in Panama, we are making it a reality,” Silva said.

On the other hand, the bill approved by the Assembly contemplates that you validate as a form of payment “for any civil or commercial legal operation, including the payment of taxes, fees and rights to the government.”

The cryptocurrencies contemplated by the law as a form of payment are: bitcoin, ethereum, XRP, Algorand, Stellar and others that will be published soon.

M. Rodríguez

Source: decrypt.co

La entrada Legislative Assembly of Panama sanctions cryptocurrency law apareció primero en Bitfinance.

The company Shopify launched Linkpop on the English market, a new free function where users, by clicking on the link published in the biography of the social media accounts of a brand or business, will obtain direct access to the product or service, thereby prevailing trade.

With the Linkpop tool they will be able to access the “purchase links currently available only to Shopify merchants”. The company estimates to launch the Spanish version very soon.

With this feature, both users and content creators have the possibility to host “all their links in one place to contribute to the growth of the brand” and display them as if it were “a showcase, within their own platforms in social media.

The tool will make it easy for users to browse “a merchant’s product selection and buy directly through Linkpop” without having to leave the app. The links to make purchases “are automatically synchronized with the seller’s product catalog, where the product details will be displayed directly on their Linkpop page.”

Advantages of Linkpop for sellers

With the new Shopify feature, merchants will be able to:

• Offer a simple shopping experience. Users will be able to execute payments directly on Linkpop, without having to leave the platform they are browsing on.
• Analytics Tool: Linkpop will also provide merchants with metrics on link clicks and number of visitors.
• Customize Your Page: Sellers have the ability to customize various aspects of their Linkpop page such as background colors, font, profile description, and logo to reflect their brand. Additionally, they can “upload photos that accompany the links to offer their followers a truly personalized experience.”
• Add up to 200 links and checkout links: Merchants, once their account is created, will be able to upload up to 200 links and checkout links to their page, having the freedom to include the different touch points that are most important to their brand, such as a video of YouTube, a purchase link with a new product or any other option.

M. Rodríguez

Source: marketing4ecommerce.net

La entrada Shopify launches new Linkpop feature apareció primero en Bitfinance.