The Top-30 Panama Bank Just Declared Itself Bitcoin-Friendly

Towerbank, a top 30 banking institution in Panama, just declared it is bitcoin-friendly, allowing crypto accounts to be opened. Acá en Panamá 🇵🇦 en #meetup con @Towerbank y anuncian que son #crypto friendly, y pueden venir a abrir cuentas y depositar retiros desde exchanges sin miedo… primer banco en Latam que públicamente anuncia esto! Digno de compartir! pic.twitter.com/mVEKFfI8Uf — Cristobal Pereira (@cristpereirag) May 26, 2022 In an announcement made on Twitter from a blockchain meetup in Panama’s capital, Panama City, the executive director of the Latam Blockchain Summit, Cristobal Pereira shared that Towerbank is crypto-friendly and the crypto enthusiasts can ‘come to open accounts and deposit withdrawals from exchanges without fear.’ Reportedly, crypto-related transactions are limited to up to $5,000 per month and the bank is not offering direct crypto to crypto services. Since then, the bank has since retweeted tweets suggesting that customers will be able to link their crypto accounts, such as Binance, directly to their Towerbank bank accounts, but no official statement has been made. Lo que digo es si reemplaza un Binance por decir. O de binance mando mis criptos a tower bank? — Patricia Villanueva🤩 (@por_PatriciaV) May 27, 2022 A video released by the Blockchain Space Instagram account also shows Towerbank’s vice president of product, Gabriel Campa, explaining the institution is studying bitcoin. According to Ca...