Members of the Spanish Parliament saw in their inbox a surprise equivalent to 1 euro in cryptocurrency.
And he leads the plan, Tutellus, a decentralized platform that wants to encode educational technology and Blockchain Observatory, according to Spanish news outlet ABC. The project aims to boost the use of cryptocurrencies in the country.
All 350 members of the Spanish House of Representatives or the House of Representatives received the equivalent of 1 euro in cryptocurrency in their emails. Miguel Caballero, founder of Tutellus, said the goal is to raise awareness of the future role of cryptocurrencies in society:
“We have made it clear to your distinguished members that we live in a time of profound changes in the use of money, in addition to highlighting the important role that digital currencies play today.”
Caballero said the cryptocurrency is “not a donation,” and acknowledged that some members of Congress might be more familiar with the cryptocurrency. But for those who don’t have any experience with cryptocurrencies yet, Caballero said, this is an opportunity to learn more.
Spain is not the first country to send cryptocurrency to lawmakers. The House of Representatives Political Action Committee (PAC) sent $ 50 in bitcoins to all 541 members of Congress in early October, Decrypt reported.
In recent years, Spanish banks have become more interested in cryptocurrencies and blockchain. Santander has partnered with Ripple to build a blockchain-based payment platform, while Banco Bilbao Vizcaya Argentaria (BBVA) launched a study to examine awareness of zero-knowledge and other cryptographic technologies.
The European Central Bank also announced that it will look at the digital euro by 2021 and has released a report examining its potential impact on the retail market.