Mexican President Rejects Bitcoin Adoption

Mexican President Rejects Bitcoin Adoption

Andrés Manuel López Obrador has strongly rejected the idea of ​​Bitcoin becoming legal tender in the country.

During a press conference on October 14, López Obrador said that his administration is not particularly willing to innovate the financial system.


We believe that we should adhere to the orthodoxy in financial management.

He said that Mexico will not invest in Bitcoin or use it as a reserve currency. 


Recall that the CEO of BitMEX predicted that by the end of 2022 at least 5 countries will accept Bitcoin as legal tender.


Subscribe to ForkNews on Telegram to stay up to date with news from the world of cryptocurrencies


According to u.today

You May Also Like

1162021-10-21

DCG acquired GBTC shares worth $388 million

Digital Currency Group plans to buy $1 billion worth of Grayscale Bitcoin Trust (GBTC) shares.

Bitcoin
1932022-01-17

Fraudsters received 26 BTC by posing as Michael Saylor

An unknown Internet resident sent 26 BTC to scammers posing as Michael Saylor, the boss of Microstrategy.

Bitcoin

Latest articles from Bitcoin category