Uruguay: Senator introduces bill to enable use of crypto for payments

Cointelegraph

Published Aug 04, 2021 09:57PM ET

Updated Aug 04, 2021 11:40PM ET

Uruguayan Senator Juan Satori has introduced a draft bill to regulate cryptocurrency and enable businesses to accept crypto payments.

Satori joins a growing list of politicians from South American and Spanish-speaking countries that are seeking to bring crypto adoption into the mainstream. The Senator is not proposing the use of crypto as legal tender as in El Salvador, however.

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