Summary:🤑#BinanceAlphaAlert
1. Bitcoin for the Panama Canal:
Mizrachi, a prominent Panamanian figure, is advocating for Bitcoin payments for use in the Panama Canal, potentially to modernize infrastructure or attract crypto investment.
This follows El Salvador’s lead, which adopted Bitcoin as legal tender.
2. Bitcoin Reserve for Panama City:
Mizrachi also supports creating a Bitcoin reserve for Panama City, which accounts for over 50% of Panama’s GDP.
He claims he wouldn’t need legislative approval to implement this reserve at the municipal level.
3. Anti-Regulation Stance:
Mizrachi urges lawmakers to pause or avoid crypto regulation, favoring a laissez-faire approach:
> “Don’t touch it, don’t get near it, don’t even look at it..."#MarketPullback
4. Bitcoin Adoption and Secrecy:
Mizrachi states $5B in annual Bitcoin transactions occur in Panama, but much of it is under the radar due to regulatory uncertainty.
$BTC 
