Panama City Mayor Wants Panama Canal to Accept Bitcoin Payments and Build a National BTC Reserve
Panama City's mayor, Mayer Mizrachi, has proposed allowing ships to pay Panama Canal fees in Bitcoin, with profits funneled into a national reserve, aiming to modernize global trade and strengthen Panama’s status as a crypto hub. The idea was presented at the Bitcoin 2025 conference in Las Vegas, highlighting how Bitcoin as payment could speed up canal transits and offer discounted tolls to incentivize its use.
