Mexico May Follow El Salvador Approach For Bitcoin Legalization

Mexican politicians confirmed their plan to put a Bitcoin law proposal in the TalentLand digital conference by next week. Since conference is going on and no result about it came out.

After the movement by Nayib Bukele to legalise bitcoin as legal tender for their El Salvador. Almost every country’s government and authorities are looking to take their step to adopt Bitcoin and Cryptocurrency in their financial infrastructure. 

Since there are many countries  and monetary Authorities which criticized EL Salvador’s president Nayib Bukele for such a decision for Cryptocurrency. But Nayib Bukele replied to all critics in their own way.

Related: El Salvador Bought Estimated $135,000,000 Worth of Bitcoin

Today one of the lawmakers from Argentina’s Congressman confirmed that they filed an approval request to adopt Bitcoin in the salary payment system for Argentina’s workers.

Related: Argentina’s Worker Will Get Payment In Bitcoin

Now this time a Mexican politician,  confirmed that they will put their Bitcoin law plan in a TalentLand conference to Legalise Bitcoin.

The TalentLand conference has been going on since 6 July but no decision came regarding Bitcoin & Cryptocurrency.

Mónica Taher ,El Salvador’s Director of Technological & Economic International Affairs, informed people through a tweet that Mexican law Bitcoin law is coming.

Indira Kempis, Congresswoman of Nuevo León, represented hir point of view on Cryptocurrency & Bitcoin.

“It’s been said that the evolution of the Internet is cryptocurrencies and blockchains, but we (Mexico) haven’t even had the debate. It has to go all the way up to the Mexican legislative power, or to the executive power for us to know exactly what we can do.” 

Kempis believes that Bitcoin is challenging but according to records, their majority citizens are not able to access banking services and this tends their situation similar to El Salvador.

“When is México going to stop lagging behind digitally and face its problems? Why El Salvador, that has certain conditions, and not Mexico that has similar conditions?”

So here opinion is totally in favour of Bitcoin adoption indirectly. She pointed out one thing indirectly. According to here if El Salvador can than why not (it was a clear indication through the statement).

If Argentina & Mexico will Legalise Bitcoin then surely it will become a big market for the crypto community. 

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