LAS VEGAS, Nevada — The Mayor of Panama City, Mayer Mizrachi, is taking notes on bitcoin from the leader of El Salvador.
Speaking at Bitcoin 2025 in Las Vegas on Thursday, Mizrachi said he’s been thinking of ways Panama’s capital city, which is home to the Panama Canal, could implement bitcoin payments.
This includes potentially setting up a strategic bitcoin reserve for Panama City, as well as possibly taking payments — including for passage through the Panama Canal — in bitcoin, Mizrachi said.
“What if you have a perk for paying in bitcoin?” Mizrachi mused. “You’d get to go faster.”
Under Mizrachi, Panama City passed a bill that allows residents to pay for taxes, parking tickets, permits, and other fees with bitcoin BTC, ether ETH and some stablecoins.
Four years ago, at Bitcoin 2021, Nayib Bukele, the leader of Panama’s central American neighbor El Salvador, announced that his country would begin accepting bitcoin as legal tender. Mizrachi said he was directly inspired by Bukele’s policies.
Read MoreCoinDesk: Bitcoin, Ethereum, Crypto News and Price Data[#item_full_content]
Miners must redirect their hashrate before the July 31 cutoff, as the pool will stop…
The Nasdaq-listed Korean media company once lined up $1 billion in financing to buy 10,000…
The bank said Strategy's bitcoin sales policy adds avoidable market uncertainty and should be replaced…
Bitcoin Magazine Metaplanet Adds 2,823 Bitcoin, Reaches 43,000 BTC and Becomes World’s Third-Largest Corporate Treasury…
Bitcoin and major cryptocurrencies rebounded on dovish Federal Reserve signals, with speculative tokens like Memecore’s…
Your day-ahead look for July 2, 2026Read MoreCoinDesk: Bitcoin, Ethereum, Crypto News and Price Data[#item_full_content]