Panama City Mayor Mayer Mizrachi has indicated a potential city-level Bitcoin reserve following a meeting with El Salvador’s Bitcoin leaders, Max Keiser and Stacy Herbert. Mizrachi posted about this on X, sparking interest just ahead of his scheduled speech at the Bitcoin conference in Las Vegas. While details of their discussions remain undisclosed, they addressed the possibilities of enhancing Bitcoin mining through Panama's hydro-electric resources alongside El Salvador’s geothermal energy. Mizrachi hinted that Panama City would accept Bitcoin for municipal payments once the necessary payment infrastructure is established. This initiative follows recent Bitcoin reserve bills in Arizona and discussions in Ukraine about adopting Bitcoin. Herbert mentioned that Panama City plans to include El Salvador's financial literacy textbook in its library, pointing to a collaborative effort in Bitcoin education. The potential establishment of a Bitcoin reserve in Panama City could mark a significant step in the country's engagement with cryptocurrency.

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