Bitcoin Legalization Pushed By Mexican Senator, Despite Central Bank’s Opposi...
Bitcoin has a strong ally in Mexico. The crypto must be accepted as a legal tender, a Mexican senator said. Senator for the state of Nuevo León, Indira Kempis, is certain that Bitcoin must be recognized as legal currency because its implementation might promote worldwide financial inclusivity. The bill’s provisions are motivated by the obstacles […]
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Senator Kempis’ draft bill calls for a central bank digital currency to be legal tender in Mexico and claims state intervention is native to human rights.
Indira Kempis, senator of the Mexican Congress, has proposed a bill that would make bitcoin legal tender in the country. The bill bases its action on the hardships that Mexican citizens are facing went trying to access financial products and education. However, the Central Bank of Mexico has been against the introduction of bitcoin into the financial system of the country.
Bill Proposes to Make Bitcoin Legal Tender in Mexico
Mexico is another of the countries in Latam that is taking a look at what bitcoin might bring when introduced to its economy. This week, Senator Indira....
Nuevo Léon senator, Indira Kempis, seeks to introduce legislation to make bitcoin legal tender in Mexico.
Indira Kempis, a senator representing Nuevo León state in Mexico, works on a crypto bill based on El Salvador’s Bitcoin Law. Amid El Salvador reporting on cases of the positive impact of the country’s Bitcoin (BTC) adoption, a government official in Mexico has once again urged that the country should follow El Salvador’s example on Bitcoin.Indira Kempis, a senator representing Nuevo León state, is confident that Bitcoin should be legal tender in Mexico because Bitcoin adoption can potentially drive global financial inclusion.The senator is now developing a cryptocurrency bill based on El....
A U.S. senator has warned about China’s central bank digital currency. “Analysts have raised the eCNY’s potential to subvert U.S. sanctions, facilitate illicit money flows, enhance China’s surveillance capabilities, and provide Beijing with ‘first mover’ advantages,” the senator informed Treasury Secretary Janet Yellen.
U.S. Senator Warns About the Threat From China’s Central Bank Digital Currency
U.S. Senator Pat Toomey sent a letter to Treasury Secretary Janet Yellen and Secretary of State Tony Blinken last week....