Senator Indira Kempis, a pro-Bitcoin Mexican, while speaking at the Bitcoin 2022 Conference in Miami says Mexico is preparing to become the second country to accept Bitcoin as legal cash.
Kempis, who was introduced by Samson Mow, former chief strategy officer of Blockstream, argued that if Bitcoin were to become legal tender, it would give financial inclusion and financial education to the more than 67 million Mexicans who are currently excluded.
The senator also informed Mexico’s president, Andrés Manuel López Obrador, that senators supporting the bill wanted to meet with him to discuss the plan. She stated, “
In two months, we will propose legislation to modify regulations in fintech and monetary law… We’re looking forward to sitting down with you [President Obrador] to talk about the plan. Bitcoin as legal tender in Mexico.
Kempis, for example, initially unveiled plans in February to propose legislation to make Bitcoin legal tender in Mexico. Kempis claimed after a trip to El Salvador that a stronger financial instrument like Bitcoin might considerably improve the Mexican people’s standard of living.
Countries are positive about Bitcoin adoption
Mow, who left Blockstream earlier this month to focus on advising nation-states, also introduced other significant actors from countries interested in Bitcoin adoption.
President of Portugal’s Madeira area, Miguel Filipe Machado de Albuquerque, stated during his introduction that he believes Bitcoin is the future, and that he is leading Madeira toward becoming more crypto-friendly.
Similarly, Joel Bomgar, the head of Próspera, a Honduran think tank for economic growth, stated that the country was developing crypto-friendly tax legislation.
