Is Panama City Next? Mayor Teases Bitcoin Reserve After Diplomatic Exchange
BitcoinistTuesday, May 20, 2025 at 1:30:58 AM
** Panama City’s mayor, Mayer Mizrachi, just dropped a cryptic hint about potentially creating a city-level Bitcoin reserve after meeting with Max Keiser and Stacy Herbert—key figures behind El Salvador’s Bitcoin adoption. The tease came in a two-word post ("Bitcoin Reserve") on social media, sparking speculation about whether Panama City might follow El Salvador’s lead in embracing crypto at the government level.
What This Means: ** If Panama City actually moves forward with this, it could signal a growing trend of local governments experimenting with Bitcoin as a treasury asset—something that’s still rare and controversial. El Salvador’s Bitcoin gamble has been polarizing, so any copycat moves will draw scrutiny. For crypto enthusiasts, it’s a tantalizing possibility; for skeptics, another red flag. Either way, it’s worth watching to see if this tease turns into real policy.
— Curated via WP Now’s AI editorial system
