Latin American Countries Eye Bitcoin Adoption After El Salvador Passed Bitcoin Law – Regulation Bitcoin News


A number of lawmakers in Latin American countries have expressed an interest in Bitcoin after El Salvador passed law making cryptocurrency legal tender. Countries include Paraguay, Argentina, Panama, Brazil, and Mexico. Tonga and Tanzania have also reportedly expressed an interest in Bitcoin.

More countries are looking at Bitcoin introduction

After El Salvador passed legislation making Bitcoin legal tender alongside the US dollar, a growing number of lawmakers in neighboring countries either expressed interest in a similar move or laser-eyed their Twitter profile pictures.

The laser eye meme has been swept through the Bitcoin community since February, with the underlying meaning that anyone who puts their eyes on is laser focused on the price of Bitcoin at $ 100,000. Politicians, celebrities and investors took part and provided their profile pictures with laser eyes.

Gabriel Silva, Member of Parliament in Panama, congratulated El Salvador on Twitter for passing the Bitcoin law. “Good news for El Salvador teaching the Panama government in entrepreneurship and technology. We have to think beyond the canal and the free zones, focus on the knowledge economy, high-quality education for all and promote new businesses. ”He emphasized:

This is important and Panama cannot be left behind. If we want to be a true technology and business location, we have to support cryptocurrencies. We will prepare a proposal for presentation at the meeting.

Carlitos Rejala, a member of Congress and National MEP for Paraguay, has urged his government to take similar measures to those in El Salvador. With laser eyes on his profile picture, he tweeted: “As I said a long time ago, our country must move forward hand in hand with the new generation. The moment has come, our moment. “

Fábio Ostermann, an elected member of the legislative assembly in Rio Grande do Sul, Brazil, has also added laser eyes to his profile picture. Argentina’s MP Francisco Sánchez also temporarily turned laser eyes on his profile picture and tweeted: “I can’t believe it, but that’s how it is.”

Tyler Winklevoss, co-founder of Gemini cryptocurrency exchange, commented last week on the growing list of countries interested in bitcoin following the passage of El Salvador’s bitcoin law:

First they ignore you, then Paraguay, Argentina, Panama, Brazil, El Salvador, Nicaragua suddenly embrace Bitcoin.

Several Mexican lawmakers have also lasered their profile pictures, including Senator Indira Kempis, who responded to Tyler Winklevoss’ tweet with a Mexican flag emoji. In addition, Senator Eduardo Murat Hinojosa has announced that he will submit a regulation proposal on cryptocurrencies to the national legislature. He tweeted last week:

I will promote and propose a legal framework for cryptocurrencies in the Mexican House of Commons.

Some other countries that have shown interest are Tonga, a Polynesian country, and Tanzania, an East African country. President Samia Suluhu Hassan has urged the Tanzanian Central Bank to start work on facilitating the widespread use of cryptocurrencies in the country. In Tonga, Lord Fusitu’a, Member of Parliament of the Kingdom of Tonga, is a proponent of Bitcoin. He has laser eyes on his Twitter profile picture and has attended a Twitter space meeting with bitcoiners to discuss how his country can benefit from cryptocurrency.

El Salvador could set a trend in the adoption of Bitcoin. JPMorgan recently said that countries “similarly” could follow El Salvador’s move to make Bitcoin legal tender. The International Monetary Fund (IMF), meanwhile, sees legal and economic problems in relation to this move by El Salvador.

Do you think more countries will make Bitcoin legal tender like El Salvador? Let us know in the comment section below.

Tags in this story

African countries, Argentina, Bitcoin introduction, Bitcoin bill, Bitcoin law, Bitcoin legal tender, Brazil, El Salvador, Latam, LATAM-US, Mexico, Nicaragua, Panama, Paraguay

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