Want to Use the Panama Canal? You Could Cut the Line With BTC, Panama City Mayor Muses

The mayor of Panama City, Mayer Mizrachi, said he is exploring bitcoin payment options inspired by El Salvador's initiatives. Mizrachi is considering a strategic bitcoin reserve and accepting bitcoin for Panama Canal passage. Panama City has passed a bill allowing residents to pay taxes and fees using bitcoin and other cryptocurrencies.

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.