PANews news on June 1st, according to News.bitcoin, Panama City Mayor Mayer Mizrachi announced several initiatives at the Bitcoin 2025 conference. Mayer Mizrachi revealed that Panama's second-largest bank, Caja de Ahorros, will launch a Bitcoin-based savings account, allowing its customers to utilize these custody services and simplify their Bitcoin experience.
Previous news, the Panama City Mayor stated that he intends to prioritize canal fee ships using Bitcoin payments and is considering establishing a municipal Bitcoin reserve.
