Panama City’s mayor, Mayer Mizrachi, has ignited speculation about a possible city-level Bitcoin reserve following meetings with El Salvador’s advisors in Panama City on May 16, 2025. The meeting sparked buzz regarding the possibility of a Bitcoin reserve, particularly after Mizrachi posted “Bitcoin Reserve” suggesting a local initiative. While no official policy has been announced, market analysts are watching for any further confirmation. The potential for a Bitcoin reserve in Panama City follows El Salvador’s approach, mirroring their national strategy for crypto adoption, although formal government backing remains unclear. Mizrachi’s involvement with key figures like Max Keiser and Stacy Herbert, recognized experts in Bitcoin policy, further fuelled the debate about this potential shift. His upcoming appearance at the Bitcoin 2025 Conference is expected to shed more light on any plans for a Bitcoin reserve.** The Mayor’s meeting with El Salvador’s advisors has triggered speculation regarding Panama City’s financial policies and could significantly impact regional crypto adoption strategies. However, without official announcements or confirmation of fund allocation, market responses remain uncertain. Industry experts are closely watching for any additional signals from the city to gain a clearer understanding of the potential implications.