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The mayor of Panama City hints at establishing a Bitcoin reserve after meeting with Salvadoran Bitcoin policy leaders

2025-05-17 13:38:33
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ChainCatcher news, according to Cointelegraph, Panama City Mayor Mayer Mizrachi hinted at the establishment of a city-level Bitcoin reserve in a post after meeting with two Bitcoin policy leaders from El Salvador. Mizrachi posted the message about "Bitcoin reserves" on the social platform X after meeting with El Salvador's Bitcoin advisor Max Keiser and the head of the Bitcoin office Stacy Herbert. The three discussed how Panama and El Salvador could leverage renewable energy to promote the development of Bitcoin mining. Additionally, Panama City will incorporate El Salvador's financial literacy textbook "What is Money?" into its online library system.

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