Nuevo León wants Bitcoin to become legal tender in Mexico

A government official in Mexico has once again urged the country to follow El Salvador's lead on Bitcoin (BTC) adoption, despite El Salvador reporting on the good impact of the country's adoption.

'We need Bitcoin as legal tender,' says a Mexican legislator supporting crypto law

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Indira Kempis, a senator from the state of Nuevo León, believes that Bitcoin should be made legal tender in Mexico since it has the potential to expand global financial inclusivity. The senator is drafting a crypto bill based on El Salvador's Bitcoin Law.

Kempis said in an interview after visiting El Salvador a few weeks ago that she plans to introduce the law in the Mexican Congress this year.

The senator said, "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 so that millions of people can be included in the financial system."

The senator went on to explain that Bitcoin adoption is a once-in-a-generation opportunity for governments all over the world to solve issues like poverty and financial inclusion.

The senator further stated that Salvadoran President Nayib Bukele may have sparked a Bitcoin revolution that may spread to all nations.

She said, "Making Bitcoin a legal tender means putting a level playing field for people who are excluded in almost all countries.

Kempis has been aggressively pushing the crypto business since taking office in 2018, especially after joining the laser eyes movement in July 2018. "Now that I am participating in politics, I seek to promote it," the senator stated, adding that she has been involved in the cryptocurrency business for years and is surrounded by a network of crypto entrepreneurs, developers, and aficionados."

The latest news comes as the cryptocurrency market in Mexico has recently gained traction, with Coinbase, a major global crypto exchange, unveiling instant crypto transactions into Mexican pesos last week.

Last Friday, Mexican billionaire businessman and Grupo Salinas founder Ricardo Salinas Pliego came to Twitter to advise the public to acquire BTC and "forget about selling." He earlier recommended people to acquire Bitcoin in late 2021, referring to fiat currencies such as dollars and euros as "fake money made of paper lies."

Owning crypto is not a crime

Meanwhile, the US Secret Service has created an instructional website to 'provide public awareness information on digital asset security.'

The US Secret Service said in a statement that the new project aims to "provide public awareness information on digital asset security" as part of its ongoing efforts to "enhance its capabilities, coordination, and effectiveness related to all financial crimes investigations."

"Investments and transactions involving cryptocurrencies and digital assets are not intrinsically criminal," retaliated the agency, adding that they open up "new opportunities for individuals trying to conduct fraud or otherwise conceal additional criminal activity."


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