Draft Proposal From Mexican Senator: Bitcoin (BTC) Should Be A Legal Currency

Indira Kempis, senator of the Mexican federal congress, has proposed a bill that, if passed, would make Bitcoin (BTC) a legal currency across Mexico.

In the document presented to the Mexican parliament on June 28, “The United Mexican States In addition to article 2 of the law reorganization proposal; Article 2: Bitcoin (BTC) in the Republic of Mexico as legal currency will be evaluated”.

KempisAlmost half of Mexico’s population traditional financial system He stated that the adoption of the Bitcoin law will involve wider masses in the economy, arguing that he has no access to the Internet and that this situation is a general loss for the country.

On the other hand, the Mexican government’s Bitcoin CBDC‘s policy and the central bank’s course directly contradicts the law introduced by Senator Kempis.

Last January, the Central Bank of Mexico launched a “digital pesos” they announced that they were planning to launch this project until 2024.

Moreover Mexican Finance Minister Arturo Herrera In a statement in June, he stated that the use of cryptocurrencies is not allowed within the Mexican financial system, adding that this ban is unlikely to change in the near future.

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