Panama City Mayor: The second largest bank Caja de Ahorros will launch BTC-based savings accounts

ChainCatcher news, 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 BTC-based savings accounts, allowing its customers to take advantage of these custodial services and simplify their Bitcoin experience.

Earlier reports indicated that the Panama City Mayor proposed prioritizing Bitcoin payments for canal fee vessels and considering the establishment of a municipal Bitcoin reserve.