Mayor of Panama City Mayer Mizrachi brought speculation about a possible Bitcoin reserve after a cryptic position on his official X account on 16 May.
In De Post, Mizrachi written:
“Bitcoin Reserve.”
The Cryptic Post followed his meeting with Max Keizer and Stacy Herbert, two of the most important architects behind the Bitcoin policy of El Salvador. Keizer is currently acting as Bitcoin Advisor to President Nayib Bukele, while Herbert leads the Bitcoin office of the country.
El Salvador has implemented a Bitcoin-Forward financial strategy to collect the best crypto for his reserves. From 15 May, El Salvador has 6,178 BTC, with a value of approximately $ 644 million.
Although the content of their discussion remains private, the timing of the post suggests that the idea of a Bitcoin reserve could have been on the agenda.
Especially Keizer had posted About how the two Central American countries could play a crucial role in the future of BTC. He said:
“Bitcoin transforms Central America. El Salvador’s Geothermal & Panama’s Hydroelectric Wil The Bitcoin Revolution in force.”
In the meantime, this development reflects the growing global interest in national Bitcoin reserves, after the pro-Crypto policy of US President Donald Trump.
This has led to various countries, including Ukraine, investigating the idea of BTC reserves to cover themselves against an uncertain financial future.
Bitcoin from Panama City embraces
In addition to hints from a reserve, Panama City has already made remarkable progress in the adoption of Crypto.
In April, the city council approved Use digital assets for public payments. Residents can now use Bitcoin, Ethereum and Stablecoins to settle taxes, fines, permits and municipal costs.
This makes Panama City the first government institution in the country to accept Crypto and one of the earliest adopters worldwide in public administration.
In addition, Herbert unveiled That Panama City is preparing to integrate El Salvador’s “What is money?” Financial Literacy Textbook in its newly launched digital libraries.
The book aims to inform students and teachers about financial principles by the Bitcoin lens, which indicates a long -term plan to stimulate digital literacy among young people.
Mayor Mizrachi is also planned To speak at the upcoming Bitcoin 2025 conference, which underlines the growing coordination of his administration with global crypto thoughts leaders.
