Mexican lawmakers warm up to crypto as global adoption increases

Mexican lawmakers warm up to crypto as global adoption increases
фото показано с : invezz.com

2021-6-9 14:43

Mexico is following in the footsteps of its neighboring countries by embracing crypto. The country’s legislators are increasingly warming up to the nascent asset class. Reportedly, one lawmaker has gone as far as promising to submit a proposal to push for the adoption of cryptocurrencies.

Voy a promover y proponer ante la Cámara de Diputados un marco legal para las criptomonedas en México #btc

I will be promoting and proposing a legal framework for crypto coins in Mexico's lower house #btc pic.twitter.com/zwhYOZ7KAg

— Eduardo Murat Hinojosa (@eduardomurat) June 8, 2021

Eduardo Murat Hinojosa, a senator of the federal government of Mexico, tweeted that he will be proposing a legal framework for crypto coins in the country’s lower house. Hinojosa also updated his profile on Twitter by adding laser eyes to his profile picture. In doing so, he indicated his support for the rapidly growing crypto space.

In a Ripple effect, Indira Kempis Martinez, a senator that represents the state of Nuevo León, also changed her display picture on Twitter by editing laser eyes into her photo. Referring to Martinez as his friend, Hinojosa said they would lead Mexico’s transition into crypto and FinTech. In so doing, Hinojosa hopes to help place Mexico at the forefront, regarding financial innovation.

Crypto continues inching closer to mass adoption

While the Mexican legislators are bullish on crypto, the illicit use of crypto in the country might nip their ambitions in the bud. According to a report in December last year, Mexican authorities are having a tough time trying to rein in crypto despite identifying that cartels in the country have embraced digital currencies to keep their illegal activities running smoothly.

Meanwhile crypto continues unlocking new milestones each passing day. Apart from institutions such as Tesla investing in Bitcoin (BTC), the coin is also getting closer to becoming legal tender. Reportedly, the president of El Salvador, Nayib Bukele, is pushing for the country to accept BTC as a legal currency. El Salvador becomes the first country in the world to accept BTC as legal tender alongside the US dollar.

On the heels of El Salvador disclosing its bullish sentiment on crypto, Paraguay has also opened its arms to crypto. Carlitos Rejala, a Paraguayan hinted that the country is looking to integrate crypto in a project that would help catapult it to the forefront of financial innovation. Apart from this, Rejala disclosed that he is currently working with the Paraguayan crypto community to make the country a crypto hub.

Working with @juanjobr and the Paraguayan crypto community in order for Paraguay to become a hub for the crypto investors of the world and subsequently to be placed among the ones on the cutting edge of digital technology @michael_saylor @cz_binance @elonmusk https://t.co/pfO03HNSr1

— Carlitos Rejala 🙏🇵🇾🙌 (@carlitosrejala) June 7, 2021

The post Mexican lawmakers warm up to crypto as global adoption increases appeared first on Invezz.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Emerald Crypto (EMD) на Currencies.ru

$ 0.0095806 (+7.58%)
Объем 24H $0
Изменеия 24h: 2.35 %, 7d: -7.78 %
Cегодня L: $0.0086651 - H: $0.0095806
Капитализация $183.154k Rank 1690
Доступно / Всего 19.117m EMD / 32m EMD

adoption crypto one reportedly lawmaker nascent increasingly

Источник: invezz.com

adoption crypto → Результатов: 126


Crypto Finance Management Platform Request Finance Reimagines B2B Payments

A study from Chainalysis shows crypto adoption has risen by 880% in 2021, and it is only set to grow further. The mass adoption of crypto has become a matter of “when” and not “if”. Just as with the early days of the internet, or computers, businesses are a particularly important constituent in the adoption of any new technology.

2022-3-10 08:42


eToro’s Greenspan: Lack Of Education Is Curbing Crypto Adoption

Bitcoin Hurt By High Entry Barriers Since BTC and its altcoin brethren came into being, many have lauded crypto and related technologies as paradigm-shifting innovations.  Yet, now, just ten years after the first blockchain transaction was processed by one Satoshi Nakamoto — whose magnum opus was the Bitcoin whitepaper — global adoption still seems like a quixotic dream.

2019-1-11 02:00


Фото:

The Bank For International Settlements On Why Regulation Is Good News For Bitcoin

We always discuss Bitcoin regulation as a good thing. Generally, like many others within the community, Bitcoin regulation is seen as the next step towards adoption. Whilst many would like Bitcoin to remain as a channel for investment and as a product that can offer huge returns, many more do believe that the future for Bitcoin is within adoption and that adoption can only come through regulation.

2018-9-25 15:30


Фото:

Who’s Holding Bitcoin?

The world is full of Bitcoin holders, or hodlers (whatever you want to call them) but which countries are holding the most? Whilst this might not seem important, it is in fact very important. In order to see how Bitcoin might flow in the future, we need to see which areas are seeing Bitcoin as a long term investment, compared to the countries that are spending it more quickly.

2018-9-24 12:30


South Korean’s MSICT Offers Help to Crypto Companies For Accelerating Blockchain Adoption

This Friday the South Korean Ministry of Science and Information Communications Technology (MSICT) promised support to facilitate the growth of the domestic blockchain industry. Min Won-ki, the Minister of Science held a meeting with blockchain startups as part of the government’s effort to establish contact with organizations in what it has dubbed the 10 key […]

2018-9-22 18:00


Are Millennials Making Harmful Crypto Investments, or Ahead of the Adoption Game?

According to “experts”, millennials are more likely to be attracted to invest in Bitcoin or other cryptocurrencies. This seems obvious since they have grown up in a largely digital world, but are they taking dangerous risks with their savings or have they got into the next world-changing technology early? Millennials Less Averse to Technological Innovation.

2018-9-22 22:30


Фото:

Japan Reports Crypto Thefts up Three-Fold in 2018, Worth Half a Billion in Stolen Funds

Cryptocurrency–The National Police Agency of Japan has released troubling news on the state of cryptocurrency-related thievery. Despite growing adoption and awareness for the industry throughout 2018, thereby leading to an improvement in security for user funds, the Japanese organization reports crypto-related thefts have cost users more than half a billion dollars.

2018-9-21 04:42


Best Cryptocurrency Headlines Happening Today in the Bitcoin and Blockchain Industry

Here was Part 1 Recap for today from Bitcoin Exchange Guide News Team! TRON Blockchain Network Eyes Massive Gaming Potential for TRX Coin Adoption TRON Blockchain Network Eyes Massive Gaming Potential for TRX Coin Adoption TY Capital Investment Company Offers Crypto Asset Trading: But is it Safe? TY Capital Investment Company Offers Crypto Asset Trading: […]

2018-9-20 07:21


Фото:

Premier League Football Continues To Lend Itself To Bitcoin Adoption

There’s a big trend in Premier League football at the moment that seems to be bringing in big interest in cryptocurrency and blockchain based sponsorships in football. London based Arsenal seemed to be the first to reach such an agreement and since then, we have seen cryptocurrency related sponsorships open up within a range of other top-flight football clubs, including Tottenham Hotspur and Leicester City with their new eToro sponsorships (among other clubs).

2018-9-17 14:30


дальше еще 77 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Crypto market cap surpasses the $2.5t mark following CPI data

The global cryptocurrency market capitalization has recorded an impressive momentum after the U.S. Consumer Price Index (CPI) report was released. Notably, the US CPI for April increased by 3.4% over the past year, crypto.news reported. In March, the CPI reached…

ABT token surges 26% to hit new all-time high

ArcBlock’s native token, ABT, has seen a significant surge in its market value, with a 26% rise over the last 24 hours, pushing the token to a new all-time high of $3.92. The latest surge in trading volume, which reached $31.8…

Q1 CoinShares most successful quarter in history with revenue up 216%

European crypto asset manager CoinShares has revealed that its revenue in Q1 increased by 216% since last year, with total comprehensive income increased by elevenfold. CoinShares, a European digital asset manager and crypto research firm, saw its “strongest quarter ever”…

Chinese authorities arrest six suspects in $300m crypto fraud case

Authorities in China have arrested six individuals suspected of engaging in illicit cryptocurrency transactions amounting to 2.94 billion yuan — worth roughly $300 million. According to a May 10 report by local media outlet Chinanews, the suspects were taken into…

Celsius (CEL) rallies 360% following massive token burn

The native token of the now-defunct Celsius Network, CEL, has recorded an impressive price surge following its massive token burn. On-chain data shows that Celsius burned over 94% of its total supply on April 30 — plunging from 695.65 million…