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Members of the lower house of the Spanish Congress saw a surprise in their mailboxes, the equivalent of 1 euro in cryptocurrency.
As reported by the Spanish news agency ABC, the plan is led by Tutellus, a decentralized platform seeking to tokenize education technology, and the Blockchain Observatory. The project aims to promote the use of cryptocurrencies in the country.
All 350 members of the Spanish Lower House, or Congress of Deputies, received the equivalent of 1 euro in cryptocurrency in their emails. Miguel Caballero, founder of Tutellus, said the goal is to raise awareness about the future role of cryptocurrencies in society:
“We have explained to your honorable members that we are in a time of profound change in the use of money, as well as highlighting the important role that cryptocurrencies play today.”
Caballero said the cryptocurrency “is not a donation” and acknowledged that some congressmen may be more familiar with cryptocurrencies. But for those who are not yet experienced with cryptocurrencies, Caballero said, this is an opportunity to learn more.
Spain isn’t the first country to send cryptocurrencies to lawmakers. The Digital Chamber of Commerce’s Political Action Committee (PAC) sent $ 50 in Bitcoin to all 541 members of Congress in early October, Decrypt reported.
In recent years, Spanish banks have been more interested in cryptocurrencies and blockchain. Santander partnered with Ripple for a blockchain-based payment platform while Banco Bilbao Vizcaya Argentaria (BBVA) launched a study to explore zero-knowledge evidence and other cryptographic techniques.
The European Central Bank also announced that it will look into a digital euro by 2021 and has released a report delving into its possible impact on the retail market.
