---
type: country
domain: web3-compliance
status: compiled
tags: [Legal, Crypto Tax, Crypto Regulation, Country]
aliases: [Panama]
created: 2026-04-23
compile_into: ""
slug: country--panama
sources: "[./crypto-map/data.json#/PA, \"https://soken.io/crypto-map/countries/panama.html\"]"
source_url: "https://soken.io/crypto-map/countries/panama.html"
title: "Panama — Crypto Regulation 2026 | Soken"
description: Panama has a clear legal framework for cryptocurrency under the Crypto Regulation Law (2022), positioning itself as a crypto-friendly jurisdiction with…
scraped_at: "2026-04-23T20:07:27.661788+00:00"
entry_type_raw: country
region: central_america
---

# Panama — Crypto Regulation 2026 | Soken

# 🇵🇦 Panama

Panama has a clear legal framework for cryptocurrency under the Crypto Regulation Law (2022), positioning itself as a crypto-friendly jurisdiction with established banking supervision and AML controls.

## Overview

|     |     |
| --- | --- |
| Status | **Legal** |
| Risk Score | 35/100 (Moderate Risk) |
| Region | central america |
| Currency | PAB |

## Tax

|     |     |
| --- | --- |
| VAT on Crypto | No |

The regulator page does not specify detailed crypto tax rates or rules, but VAT does not apply to crypto transactions.

## Licensing

|     |     |
| --- | --- |
| Required | Yes |
| Regulator | SBP / SMV |
| Framework | Crypto Regulation Law (2022) |
| Ease | medium |
| Cost | N/A |

Licensing is required under the Crypto Regulation Law (2022) with a medium difficulty process.

## DeFi

**Status:** regulated

DeFi activities are regulated under the Crypto Regulation Law, ensuring compliance with AML and licensing requirements.

## Stablecoins

**Status:** regulated

Stablecoins are regulated under the general framework established by the Crypto Regulation Law (2022).

## NFTs

**Status:** no\_rules

No regulation.

## Mining

|     |     |
| --- | --- |
| Legal | Yes |
| Electricity | $0.12/kWh |
| Renewable | 70% |
| Infrastructure | good |

Mining is legal with favorable electricity costs and a high share of renewable energy, supporting sustainable operations.

## Geopolitics

|     |     |
| --- | --- |
| Stability | stable |
| Sanctions | No |
| Corruption Index | 37/100 |
| Banking Access | open |

Last reviewed: 2026-04-13 ·
Data source: [Soken Crypto Legal Map](https://soken.io/crypto-map/)

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