TechFlow news, May 17 — According to Cointelegraph, Panama City Mayor Mayer Mizrachi may have hinted at establishing a city-level bitcoin reserve after meeting with two Bitcoin policy leaders from El Salvador. On May 16, Mizrachi posted the words "Bitcoin reserve" on social platform X following his meeting with Max Keiser, Bitcoin advisor to El Salvador, and Stacy Herbert, head of El Salvador's Bitcoin Office.
The trio also discussed how Panama and El Salvador could leverage renewable energy to advance Bitcoin mining. Meanwhile, Panama City will include El Salvador’s financial literacy textbook “What Is Money?” in its online library system.
Previous report, Panama City has approved the use of cryptocurrencies in public payments, including taxes, fines, and municipal fees.
