This MP in Europe took his salary in Bitcoin, became the first Belgian MP to do so

Cryptocurrencies are tightening their grip around the world. The latest example of this has been seen in Belgium, Europe, where a parliamentarian has converted his salary into cryptocurrency. Here in Brussels, Christopher de Beauceller converts his salary into bitcoin. This MP gets EUR 5,500 (about Rs 4.5 lakh) as salary per month which he has received in 0.17 bitcoins. He has become the first MP in Europe to do so. At the time of writing this news, the price of bitcoin on the global exchange CoinMarketCap was trading at $36,416 (about Rs.27 lakh).

Christopher de Beaucalier has also written about it through a post on his Twitter handle. In the tweet, he said (Hindi translation), “The US and Asia are investing in crypto in large numbers. And Europe? Will we still wake up ten years later and find we missed the train? Centralized trade finance is not far away.” going. These two worlds have to come together.”

One of CoinTelegraph Report According to reports, Christopher, the leader of the Humanist Democratic Center of Belgium, exchanged his salary into bitcoin through crypto trading platform Bit4You. However, this is not the first time an MP has decided to take his salary in the form of crypto assets.

In his tweet, Beukelaer has thanked Eric Adams, the Mayor of New York City, USA, for inspiring him to take this step. Eric Adams also decided to take his salary in bitcoin to promote cryptocurrency in New York. Earlier, Mayor of Miami Francis Suarez also took the initiative to promote bitcoin payments. Not only that, last year Suarez said that Miami was considering paying salaries to its government employees in bitcoin. Along with this, it was also said that the citizens of the city would also be able to pay taxes in cryptocurrency.

While the trend of taking payments in crypto assets is gaining momentum among political people, this trend has already become quite popular among sports stars. This month, NBA players Clay Thomson and André Iguodala decided to take part of their next salary in bitcoin tokens.

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