Panama City Considers Bitcoin Reserve Following El Salvador’s Bold Move

The Mayor of Panama City, Mayer Mizrachi, has expressed interest in establishing a city-level Bitcoin reserve following discussions with El Salvador’s Bitcoin leaders. This initiative echoes El Salvador’s pioneering approach to digital currency adoption and reflects a potential shift in Latin America’s cryptocurrency landscape. While no immediate market impact is evident, the development signifies Panama’s growing embrace of crypto finance and its potential influence on regional adoption.