Spanish legislators received Bitcoin in an attempt to promote the industry

The 350 members of the lower house of the Spanish Congress received the equivalent of EUR 1 in Bitcoin, and it is not a donation.
The members of the lower house of the Spanish Congress saw a surprise in their emails, the equivalent of EUR 1 in Bitcoin.

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As reported by the Spanish news channel ABC, the plan is led by Tutellus, a decentralized platform that seeks to tokenize educational technology, and the Blockchain Observatory. The project aims to promote the use of crypto-currencies in the country.

The 350 members of the Lower Chamber of the Spanish Congress, or Congreso de Diputados, received the equivalent of EUR 1 in Bitcoin in their e-mails. Miguel Caballero, founder of Tutellus, said that the aim is to raise awareness of the future role of cryptomonies in society:

“We have explained to your honourable members that we are in an era of profound changes in the use of money, as well as highlighting the important role that cryptomonies have today”.

Caballero said that this “is not a donation” and acknowledged that some congressmen might be more familiar with them. But for those who do not yet have experience with cryptomontages, Caballero said, this is the perfect opportunity to learn more.

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Spain is not the first country where Bitcoin Revolution app is sent to lawmakers. The Political Action Committee (PAC) of the Digital Chamber of Commerce sent USD 50 in Bitcoin to all 541 members of Congress in early October, Decrypt reported.

Spanish banks have shown more interest in Blockchain crypto-currency and technology in recent years. Santander partnered with Ripple for a blockchain-based payment platform, while Banco Bilbao Vizcaya Argentaria (BBVA) launched a study to explore the evidence of zero knowledge and other cryptographic techniques.

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The European Central Bank also announced that it would consider adopting a digital euro by 2021 and published a report analysing its potential impact on the retail market.

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