Senator Indira Kempis said bitcoin should become legal tender in Mexico because the adoption of BTC has the potential to boost global financial inclusion.
The senator is currently drafting a cryptocurrency bill based on the “Bitcoin Law” that was passed in El Salvador. The senator expects to bring the bill to the Mexican Congress this year.
“It’s clear to me that financial exclusion is one societal problem that few of us have solved with possible alternatives,” Kempis said.
She also added that the adoption of bitcoin creates a historic opportunity for countries around the world to help solve problems such as inequality and achieve financial inclusion for all.
Earlier, other Mexican senators began working on cryptocurrency legislation shortly after El Salvador passed a bitcoin law.
In October, President Andrés Manuel López Obrador said Mexico was unlikely to follow the Salvadorian scenario.