Will Mexico Adopt Bitcoin as National Currency? President Lopez Obrador Answered

El Salvador’s decision to adopt Bitcoin as its national currency sparked a wave of excitement in Latin America, with a growing number of governments in the region coming up with the prospect of testing cryptocurrencies. But we can exclude Mexico from this list.

Mexican President Andres Manuel Lopez Obrador, at a press conference today, opposed the possibility of his country adopting Bitcoin as its national currency.

President, journalists bitcoin In response to their questions about him, he said, “We will not change in this respect. We need to preserve the orthodox structure in financial management. [ve] “We think we shouldn’t try to innovate too much in financial management,” he said.

Lopez Obrador said that the government will focus on developing mechanisms to prevent tax evasion rather than changing the financial system to make it Bitcoin-friendly. “As there is no privilege, everyone [vergileriyle] for contributing [emin olmak istiyoruz] And that’s enough,” he said.

Unlike countries where crypto adoption plays a geopolitical role, such as El Salvador or Venezuela, the Mexican president clearly sees no need to create unnecessary movement right now. President Lopez Obrador, the government’s Bitcoin or other cryptocurrency He may not be willing to deal with his units, but other Mexican politicians disagree.

Nuevo Leon state senator Indira Kempis recently applauded El Salvador’s decision to adopt Bitcoin as its national currency and called for a similar approach in her country.

Similarly, Ricardo Salinas Pliego, the third richest person in the country, revealed late last year that Bitcoin made up 10% of his liquid portfolio. He also said that Banco Azteca, which he owns, wants to accept Bitcoin.

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