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Bitcoin

Mexico Senator Fights to Make Bitcoin Legal in her Country, but It Will be a Challenging Journey

February 24, 2022 - Around 2 mins mins to read
mexico bitcoin
Mexico Senator Fights to Make Bitcoin Legal in her Country, but It Will be a Challenging Journey 3

Mexico Will Be The 2nd Bitcoin-Legalized Country?

Indira Kempis, a Mexican senator from the state of Nuevo León, spoke with Diario El Salvador recently about the impact Bitcoin has had in El Salvador and Kempis’ desire to make Mexico become the second country to adopt Bitcoin as legal payment. However, there are many things against her.

During the interview, Diario asked Kempis how her recent trip to El Salvador had influenced her view of Bitcoin’s ability to revolutionize a nation within the context of the Bitcoin ecosystem.

“El Salvador is undoubtedly becoming the most important hub or laboratory in the world about the future with Bitcoin,” Kempis stated. “It is clear to me that financial exclusion is one of the public problems that few of us have addressed with feasible alternatives, and that this type of technology is allowing us to generate an alternative, a way, a solution so that millions of people can be included in the financial system.”

She stated that she has been consulting with Bitcoin professionals and now wants to use her political influence to promote Bitcoin’s usability throughout Mexico.

“We need bitcoin to be a legal tender in Mexico, because if not, if we don’t make that decision as El Salvador did, it will be very difficult to concretize further actions,” she revealed her want.

She has been working on a proposal for a crypto-friendly legal framework, but Bitcoin acceptance in Mexico is really challenging.

In a press conference last October, Mexico’s President Andrés Manuel López Obrador stated unequivocally that his government has no interest in accepting Bitcoin as a form of payment. Instead, he concentrates on bolstering the country’s financial system by combating tax evasion.

“We think that we must maintain orthodoxy in the management of finances (and) not try to innovate too much in financial management,” the Mexican President stated.

mexico bitcoin
Mexico Senator Fights to Make Bitcoin Legal in her Country, but It Will be a Challenging Journey 4

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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CoinCu News

Bitcoin, News

Mexico Senator Fights to Make Bitcoin Legal in her Country, but It Will be a Challenging Journey

mexico bitcoin
Mexico Senator Fights to Make Bitcoin Legal in her Country, but It Will be a Challenging Journey 7

Mexico Will Be The 2nd Bitcoin-Legalized Country?

Indira Kempis, a Mexican senator from the state of Nuevo León, spoke with Diario El Salvador recently about the impact Bitcoin has had in El Salvador and Kempis’ desire to make Mexico become the second country to adopt Bitcoin as legal payment. However, there are many things against her.

During the interview, Diario asked Kempis how her recent trip to El Salvador had influenced her view of Bitcoin’s ability to revolutionize a nation within the context of the Bitcoin ecosystem.

“El Salvador is undoubtedly becoming the most important hub or laboratory in the world about the future with Bitcoin,” Kempis stated. “It is clear to me that financial exclusion is one of the public problems that few of us have addressed with feasible alternatives, and that this type of technology is allowing us to generate an alternative, a way, a solution so that millions of people can be included in the financial system.”

She stated that she has been consulting with Bitcoin professionals and now wants to use her political influence to promote Bitcoin’s usability throughout Mexico.

“We need bitcoin to be a legal tender in Mexico, because if not, if we don’t make that decision as El Salvador did, it will be very difficult to concretize further actions,” she revealed her want.

She has been working on a proposal for a crypto-friendly legal framework, but Bitcoin acceptance in Mexico is really challenging.

In a press conference last October, Mexico’s President Andrés Manuel López Obrador stated unequivocally that his government has no interest in accepting Bitcoin as a form of payment. Instead, he concentrates on bolstering the country’s financial system by combating tax evasion.

“We think that we must maintain orthodoxy in the management of finances (and) not try to innovate too much in financial management,” the Mexican President stated.

mexico bitcoin
Mexico Senator Fights to Make Bitcoin Legal in her Country, but It Will be a Challenging Journey 8

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join CoinCu Telegram to keep track of news: https://t.me/coincunews

Follow CoinCu Youtube Channel | Follow CoinCu Facebook page

Hazel

CoinCu News

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