Panama on the list of countries ready for crypto

A report prepared by Forex Suggest prepared a list of countries that are ready to adopt the massive use of cryptocurrencies.

In the report called “World Cryptographic Preparation“, Panama is among the top 10 countries in the world with a high level of preparation to carry out this process.

To carry out the evaluation, the number of available cryptocurrency ATMs, the number of companies that work with blockchain technology, the legal framework of each country, taxes on digital assets, among other aspects, were taken into account.

According to the implemented methodology, Panama appears as the South American country that is located in the 10th position in the ranking of the most prepared countries for cryptocurrencies.

Likewise, it is also within the classification among the first seven countries that share the first place with the lowest cryptographic taxes globally, due to the fact that the profits obtained from trading with digital currencies are exempt from capital gains taxes for the people.

K. Tovar

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Source: Cointelegraph