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Lawmaker proposes bill to adopt cryptocurrencies for transactions in Uruguay

Satori presented the bill on Tuesday, August 3 as he joined a group of Latino politicians that are looking to integrate digital currencies into their communities.

It is worth mentioning that the bill does not aim to make cryptocurrency legal tender. Rather, it intends to recognize and accept the use of cryptocurrencies for business transactions. The Senator, in a Wednesday tweet said:

Since El Salvador took the bold step of making Bitcoin legal tender in June, many other countries have jumped on the crypto bandwagon, including Argentina, Brazil, and Paraguay.

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Source: Cryptocurrency - investing.com

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