Country regulation

Panama | Crypto License & Regulation 2025

Full country note • No summary • Styled for CryptoWisely

Panama Crypto License Overview (2025)

Panama has become a rising hub for decentralized projects, GameFi ventures, DEX platforms, and NFT businesses. Known primarily for its gaming license, Panama now offers one of the most cost-efficient environments for crypto firms seeking flexibility and low barriers to entry.

Regulatory Framework

  • Superintendency of Banks (SBP): Supervisory oversight.
  • Financial Analysis Unit (UAF): AML/CFT monitoring.
  • Ministry of Commerce (DGE): Licensing authority.
  • National Securities Commission (CNV): Securities oversight.

License Types

  • Exchange Authorization
  • Wallet / Custody Services
  • Gaming License integration for GameFi & NFT platforms

Process & Timeline

Typical end-to-end duration: 1–6 weeks.

Taxation & Compliance

  • No capital gains tax on foreign-source crypto income
  • No local director or office requirement
  • No minimum share capital
  • AML/KYC best practices required

Typical Costs & Duration

  • Setup cost: from USD 1,460
  • Timeline: 1–6 weeks

CryptoWisely.io Comment

Panama offers a rare mix of flexibility and regulatory clarity for early-stage crypto, GameFi, and DAO projects. For institutional reach, a complementary EU or UAE structure is recommended.

Disclaimer: Informational only. Not legal advice.