According to the statement made today, the Mexican Senate building is the first Bitcoin (BTC) He got his ATM.
The ATM in question was placed in the Senate building with the cooperation between Axolotl Bitcoin and ChainBytes.
With the placement of the Bitcoin ATM in the Senate building, it is expected to support Mexican senator Indira Kempis’ attempt to declare BTC the official currency in the country.
a tight cryptocurrency Kempis, an advocate, believes that with Bitcoin comes financial freedom and scope. The senator said he hopes authorities will know more about the world’s largest cryptocurrency as soon as possible.
ChainBytes CEO Eric Grill argued that the installation of the first BTC ATM in the Mexican Senate was a historic moment for the country.
Mexican President Says Bitcoin Is Not Likely to Be Declared as Official Currency
However, Senator Kempis’ attempt to make BTC the official currency in the country is not considered to be successful. Mexican President Andres Manuel Lopez Obrador said in his statement that BTC is unlikely to be accepted as a payment method.
Although millions of people in Mexico do not have access to the banking system, it is said that if BTC is accepted as the official currency along with the Mexican peso, it could have devastating consequences for the country’s financial system.
A short time ago, the Central African Republic announced from the presidential office that they accepted Bitcoin as its official currency. Thus, the Central African Republic became the second country to adopt BTC.
El Salvador, a poor Central American country, adopted BTC as its official currency last September. This cryptocurrency move of the country has attracted international attention, and the country’s tourism has benefited from this development.
*Not investment advice.