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Panama City Mayor Hints at Bitcoin Reserve After Meeting El Salvador Officials

  • Panama City Mayor hints at potentially adopting a Bitcoin reserve strategy after meeting key figures behind El Salvador's Bitcoin policy.
  • El Salvador has accumulated 6,179 BTC valued at around $644 million by consistently purchasing Bitcoin, despite international pressure to limit such acquisitions.
  • Discussions highlighted leveraging renewable energy resources for Bitcoin mining in Panama and incorporating El Salvador's financial literacy textbook into Panama City's online library system.
  • Panama City's move towards a Bitcoin reserve strategy similar to El Salvador's could position it as a cryptocurrency adoption leader in the region, with potential further details expected at the Bitcoin 2025 conference.

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