Senator Indira Kempis Proposes to Make Bitcoin Legal Tender in Mexico

Vignesh Karunanidhi
Senator Indira Kempis Proposes to Make Bitcoin Legal Tender in Mexico
Source: Bullfrag

Mexican Senator Indira Kempis proposes legislation to make Bitcoin a legal tender in Mexico, following Madeira and the island of Roatan.

The Blockchain Conference 2022 has been full of surprises, and the community has welcomed each one with open hands. Different nations are announcing their support and belief in Bitcoin.

We recently covered the decision of Madeira and the island of Roatan in Honduras to accept Bitcoin as a legal tender.

Indira has always shown her support for Bitcoin

Mexican Senate, Indira Kempis, stated that they are looking into new legislation that focuses on bitcoin and fintech broadly. She also added that “We want to sit down with the president to talk about making bitcoin legal tender in Mexico.”

Indira has been an avid supporter of Bitcoin for a long time. Indira complimented Bitcoin for being an inclusive currency that may help the unbanked.

She stated that she has been speaking with persons who are knowledgeable about the commodity and that she now wishes to utilize her political clout to promote the usage of BTC in Mexico:

We need bitcoin to be a legal tender in Mexico, because if not, if we don’t make that decision as El Salvador did, it will be very difficult to concretize further actions.

Indira pictured her plans to arrange a meeting with the Mexican president to discuss the possibility of accepting bitcoin as a legal tender.

The world’s most sought crypto is experiencing a rare period of tranquility, but any substantial positive news from the world’s largest bitcoin conference might spike its value.

Nayib Bukele fails to attend the conference

El Salvador’s President Nayib Bukele, who introduced Bitcoin as a legal tender last year, has postponed his plans to attend the Blockchain conference in Miami.

“I have just decided to cancel my participation in the conference due to unforeseen circumstances in my home country that require my full attention as president,” Bukele stated.

Bukele was set to speak at the Bitcoin 2022 conference. But after a surge of gang-related homicides, his administration announced a state of emergency on March 27.