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.