I can tell you as someone living in Panama, you're kidding yourself if you think any bank here will happily accept crypto. Most don't even accept transfers from an EMI like Wise. This is still very much the wild west and as mentioned, lawyers (or those who have decided to call themself that) will sell you anything. The government doesn't even trust a lawyer enough to do anything without a notary (who can also be dodgy hah). Banks also differ from branch to branch or just the mood of the person you speak to on any given day.
Further on, the new crypto law has︀ not been passed yet. The bill was passed but it is still waiting for the︁ President to sign it in to law. It is expected as the bill passed with︂ a 40-0 vote though. This law doesn't actually change much however. Crypto payments aren't uncommon︃ here already and it's deemed offshore profit so isn't taxable anyway. It's mostly just to︄ provide clarity and attract outside capital. I wouldn't expect banks to be on board even︅ with the changes and as Panama is already on the blacklist I wouldn't be surprised︆ to see further EU / USA pressure.
You would also want to consider the international︇ connections. There's no issue transferring internationally in or out of Panama however expect a lot︈ of scrutiny and some limitations. Any amount over $10,000 will instantly see your account frozen︉ until you provide reason for the funds and sometimes much less than this. I've had︊ amounts as low as $700 held up. Some banks will request you physically walk in︋ to a branch to do some of this. Plus, good luck actually getting an account︌ as a non-resident. The banks aren't interested and the laws for obtaining residency also changed︍ recently so it's not as simple as it was previously. I'm not super familiar with︎ UK tax laws but I'm sure they'll have CFC laws which means you'll be paying️ UK tax anyway.
All that being said, feel free to PM me if you'd like me to check out your lawyer. I know most of them here (the good ones at least).
