Bitcoin ATM installed in Mexico’s Senate Building, Senator Calls it ‘symbol of financial inclusion, Freedom. This installation is not the first in Mexico but before this several ATMs have been installed in the cities of Mexico. ATM hosting city- Tijuana, Cancun, Guadalajara, San Miguel de Aguascalientes in Mexico.

Highlights

The Party of the Democratic Revolution (PDR) of Mexico took the initiative
ATM of Bitcoin was installed on 24 April
More than 40% of the private firms are interested in adopting crypto 

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Mexico’s Senator Gustavo is experiencing the Bitcoin ATM that has been installed in Mexico’s Senate Building. In a series of Mexico’s Bitcoin ATMs, a new crypto-based 14th ATM has been installed in the room of lawmakers in Mexico’s Senate Building in Mexico City. The renowned ruling political party of Mexico City, the Party of the Democratic Revolution (PDR) reportedly took the initiation for up-gradation of office.

Mexican Senator, Indira Kempis has commented on the development and she said this action stands “for freedom, inclusion, and financial education in Mexico.” This step of the Mexican government is throwing light on the keen interest of the Mexican Government in the crypto sector.

The newly installed Bitcoin ATMs are allowing people to exchange their banknotes with Bitcoin Purchase. In exchange for the Bitcoin holdings they may or may not have the ability to let people withdraw cash in exchange for the Bitcoin holdings.

Senator Kempis uploaded an image of the Mexican Senate building’s Bitcoin ATM on Twitter.

According to Triple A’s crypto ownership data, a good percentage of firms are interested in adopting blockchain and cryptocurrency in some manner. About 71 percent of them are concentrated on cryptocurrency usage.

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