Many other countries want to follow in the footsteps of El Salvador regarding Bitcoin. Mexican Senator Indira Kempis urges her nation to adopt the pioneering currency as legal tender.
There have been positive reports about the impact of Bitcoin adoption in El Salvador. A Mexican senator has urged her country to follow the Salvadoran example regarding the leading cryptocurrency.
Indira Kempis, a Mexican senator representing Nuevo León, believes that Bitcoin should be legal tender in the Spanish American country. The official argued that its adoption could potentially boost financial inclusion worldwide.
The senator is preparing a cryptocurrency bill based on the Salvadoran Bitcoin Law. Kempis said she hopes to introduce the draft law to the Mexican Congress this year. She made those comments after visiting El Salvador a few weeks ago.
A UK-Based Law Firm Accepts Cryptocurrencies as a Payment Means
A law firm from the UK now receives Bitcoin and other cryptocurrencies as a means of payment for its services. The company partnered with an FCA-approved cryptocurrency exchange to accept Bitcoin and Ether. Those two crypto assets are the largest by market capitalization, according to CoinGecko.
The CFO of Gunnercook, Naseer Patel, said that this is the first time a UK law firm allows for payments with cryptocurrencies. He considers that this will benefit many people in different jurisdictions. He also stated that those digital assets would offer their partners the flexibility to receive payments securely.
Grayscale Supports Investors to Express their Opinion on the SEC before Investing in BTC
The CEO of Grayscale, Michael Sonnenschein, plans to launch a support campaign for US investors to express their thoughts to the SEC. The latter would do that before the government agency decides what to do about the Bitcoin investment vehicle.
On October 19th, NYSE Arca requested the regulatory agency to list the shares of the Grayscale Bitcoin ETF under ticker GBTC. The Securities and Exchange Commission has delayed on two occasions: December 15th and February 4th.
Sonnenschein stated that the campaign aims to educate and inspire investors to give their opinion about that crucial decision.
The US Secret Service Launches a Cryptocurrency Awareness Center
The US Secret Service recently launched a cryptocurrency awareness center featuring a public service announcement video.
The federal agency said that the objective of that educational tool is to fight the illegal use of crypto assets. They added that it provides public awareness information on the security of digital assets and how to ensure maintaining it.
Jeremy Sheridan, the Deputy Director of the US Secret Service Bureau, stated the center focuses on investigating financial crimes. He explained that it seeks to identify, arrest and prosecute those engaging in cryptocurrency-related crimes. However, their language and tone when referring to crypto-assets like Bitcoin were positive.
The relevance of Bitcoin and other cryptocurrencies is increasingly evident, which regulators and business people worldwide do not overlook. While some legislators urge their governments to adopt them, others seek to control or ban their use as money. Besides, a growing number of companies are accepting crypto assets as a means of payment.
By Alexander Salazar
