Historic Panamanian Balboa Litecoin

05/08/2021: Litecoin Foundation Partners with Atari

The Litecoin Foundation partners with Atari, a prominent gaming company, to integrate Litecoin into Atari's gaming ecosystem, enabling players to use LTC for in-game purchases and transactions.

26/02/2020: Litecoin Implements Mimblewimble Extension Blocks

Litecoin developers announce plans to introduce Mimblewimble Extension Blocks, a privacy-focused protocol extension, to enhance fungibility and transaction anonymity.

05/08/2019: Litecoin Halving

The block reward for Litecoin is halved from 25 LTC to 12.5 LTC, reducing new supply issuance and potentially impacting the cryptocurrency's price and mining economics.

12/12/2017: Litecoin Futures Launch on CME

The Chicago Mercantile Exchange (CME) launches futures contracts for Litecoin, offering institutional investors an avenue to trade and speculate on the cryptocurrency.

10/05/2017: Segregated Witness Activation

Litecoin activates Segregated Witness (SegWit), a protocol upgrade aimed at improving scalability and enabling second-layer solutions like the Lightning Network.

29/11/2013: Litecoin's First Major Price Rally

Litecoin experiences its first major price rally, reaching a peak of over $39 per LTC, driven by increased adoption and market speculation.

07/10/2011: Creation of Litecoin

Litecoin is created by Charlie Lee as a peer-to-peer cryptocurrency, based on the Bitcoin protocol, with faster block generation time and a different hashing algorithm.

01/01/2011: Replacement of Paper Banknotes with Polymer Banknotes

Panama replaced the paper banknotes with polymer banknotes to enhance durability and security of the Balboa currency.

31/03/1983: Currency Control Law Implemented

Panama implemented a currency control law to regulate the use and circulation of the Balboa and prevent counterfeiting.

15/10/1941: First Issue of Panamanian Balboa Banknotes

The first series of paper banknotes denominated in Balboa were issued by the Panamanian Currency Board.

01/10/1941: Introduction of the Balboa as Legal Tender

The Panamanian government introduced the Balboa as a legal tender, equivalent in value to the US dollar.

01/10/1908: Creation of Panamanian Currency Board

The Panamanian Currency Board was established to issue paper money and stabilize the monetary system.

01/01/1907: Use of US Dollar in Panama

The US dollar became the official currency of Panama due to the presence of American workers during the canal construction.

18/11/1904: Panama Canal Construction Begins

The construction of the Panama Canal started, which would later lead to the need for a national currency.