Panama City mayor backs Bitcoin canal fee discounts

Mayor Mayer Mayer Mayor Mayor expressed a strong support for a proposal to allow the ships to pay reduced channel whether they are settled Bitcoin. I am

In August 7 post office Ux, Miazrachi described the idea as “brilliant” and expressed that the Panama Channel authority is going to adopt.

Max Keizer, a recommendation for the President of the Velador Nayib Budle on bitcoin matters, SUGGESTED that panama could accumulate a substantial bitcoin reserve for shipping business to pay in the crypt flagship rather than fiat.

This could create a strategic bitcoin reserve, tapping in a steady stead of BTC from seam.

Panama canal, which is the alantic oceans, it was a business route pacit from 1914. The easy link and spans 82 miles (52 miles).

According to the Keizer, the channel generates about $ 5 billion in annual revenues, which is a substantial part of panama income.

Conservation of this, believes that also a partial change for Bitcoin payments may look significantly to the country of the country, making a more careful option for international shipment.

Pro-encrypted embrace of Panama

Mizrachi approval align with the pro-encryption of the chamanian government.

Before this year, cities of panama The past legislation To formalize the use of digital assets, which allowed voluntary cryptore. And set the regulatory lines for their use in financial transactions.

This includes the creation of the license requirements for the virtual assets of service (Vasps) and adherence to international financial standards.

So if a panama if you handed out with the proper discount program, would mark a further step in the country to embrace and integering bitcoin in its economic strategy.