Mexico City’s Senate Building Now Has a Bitcoin ATM: Report

Another Bitcoin Automated Teller Machine (ATM) has apparently been installed in Mexico City, this time in the Senate building. Some local leaders, like Miguel ngel Mancera, were reportedly behind the action. Bitcoin ATM at the Senate’s Front Door According to local reports, the Mexican government built the 14th Bitcoin ATM in the Senate building in Mexico City, indicating that the digital asset will be used again in the future. Cancn, Tijuana, Guadalajara, and Culiacán are among the cities with the remaining 13 such devices. It’s worth mentioning that the move was pushed through by certain well-known Mexican leaders. Miguel Angel Mancera, the past mayor of Mexico City, is one of them. He believes bitcoin has established itself as a viable alternative to major payment networks like PayPal and Visa, and that it is on its way to becoming mainstream: “I think it has already reached a point, as we would say of evolution, a boiling point, where it reaches us all.” Indira Kempis, a Mexican senator and a proponent of the bitcoin industry, promoted the idea on Twitter. She proclaimed the well-known phrase “to the moon” as she stood close to the ATM. Following that, Ricardo Monreal, President of the Senate’s Political Coordination Board, suggested that Mexico’s government should embrace the crypto industry and create a regulatory framework. Other Central and South American countries, such as Panama, Argentina, Brazil, and Peru, have alr...