Panama City Mayor Proposes Bold Bitcoin Initiatives at 2025 Conference

At the Bitcoin 2025 conference, Panama City Mayor Mayer Mizrachi unveiled several ambitious proposals for integrating Bitcoin into the city’s infrastructure. He announced that Caja de Ahorros, Panama’s second-largest bank, will launch Bitcoin-based savings accounts, offering customers custodial services and streamlining Bitcoin transactions. Earlier this year, Mayor Mizrachi shared plans to use Bitcoin for canal fee payments, aiming to streamline shipping logistics in Panama’s bustling waterway. Further, the mayor envisions establishing a municipal Bitcoin reserve to enhance financial flexibility within the city.