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Panama City mayor says canal should give Bitcoin-paying ships faster access

cryptoweekly by cryptoweekly
May 30, 2025
in bitcoin, News
0

Panama should allow ships wanting to transit the Panama Canal to skip the line if they pay in Bitcoin, says Panama City Mayor Mayer Mizrachi.

Panama City Mayor Mayer Mizrachi has floated the idea of allowing ships transiting the Panama Canal to pay in Bitcoin for faster passage.

Mizrachi proposed during a panel discussion at the Bitcoin 2025 conference in Las Vegas on May 29 that cargo ships could cut the line on waiting for their passage through the key shipping channel by paying in Bitcoin (BTC).

“We have a canal — what if you get a perk for paying in Bitcoin, get your ship to go quicker if you pay in Bitcoin,” Mizrachi suggested while speaking with two El Salvador Bitcoin policy leaders, Max Keiser and Stacy Herbert. The director of Bitcoin Beach in El Salvador, Mike Peter son, moderated the panel.

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Recent Posts
  • Bitcoin eyes $105K pre-FOMC as Trump reveals Iran asked for dialogue
  • The empire strikes out: Institutionalists failed to kill the stablecoin bill
  • Pi Network migration problems: Users report KYC, 2FA and balance errors
  • Bitcoin’s invisible tug-of-war between suits and cypherpunks
  • Senate passes GENIUS stablecoin bill amid concerns over systemic risk
  • Circle’s USDC to become eligible collateral for US futures trading
  • How a fake tweet from Paraguay pushed Bitcoin to $110K

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