From Cointelegraph

May 17, 2025 1:14 AM:

Panama City Mayor Mayer Mizrachi hints at establishing a city-level Bitcoin reserve after meeting with El Salvador’s Bitcoin policy leaders Max Keiser and Stacy Herbert. The move follows Panama’s approval of crypto for public payments, including taxes and fines.

To push for a federal Bitcoin reserve, Mizrachi would need to collaborate with Panama’s National Assembly. Recent enactments of Bitcoin reserve bills in US states Arizona and New Hampshire, and Ukraine’s reported adoption of Bitcoin as a national reserve asset, set a precedent.

Keiser, Herbert, and Mizrachi discussed leveraging renewable energy for Bitcoin mining operations in Central America. Panama City plans to integrate El Salvador’s financial literacy textbook into its online library system. Keiser and Herbert have been instrumental in crafting El Salvador’s Bitcoin policy, including a Bitcoin reserve consisting of 6,179 BTC worth nearly $640 million.

Read more at Cointelegraph: Panama City mayor teases Bitcoin reserve after meeting El Salvador’s Bitcoin leaders