With the support of lawmakers, the first bitcoin ATM was installed in the Mexican Senate building in downtown Mexico City.
Senator Indira Kempis was among the supporters of placing the crypto machine inside the government facility. She shared her emotions on Twitter, posting, “For freedom, inclusion and financial education in Mexico.”
Indira Kempis (center) next to a bitcoin ATM
According to the Coin ATM Radar service, there are 13 crypto machines operating in Mexico. Five are in Mexico City, two each in Tijuana and Cancun, and one each in Aguascalientes, Culiacán, Guadalajara and San Miguel de Cosumel.
Kempis urges his colleagues to make bitcoin a legal tender in order to make financial services more accessible.
However, Mexican billionaire and bitcoin fan Ricardo Salinas doubts the cryptocurrency’s success in the local market. In his opinion, Mexicans are too psychologically dependent on fiat currency and therefore will not favor a digital asset over the peso.