Belgian MP becomes first European politician to accept salary in Bitcoin

Belgian MP becomes first European politician to accept salary in Bitcoin

The Bitcoin (BTC), craze among lawmakers, has reached the Belgian Parliament now. Brussels member of parliament Christophe De Beukelaer became Europe’s first politician to convert his salary into Bitcoin.

According to Bruzz, the monthly salary of the Brussels MP will be converted into Bitcoin by Bit4You’s crypto trading platform. Beukelaer, who is a member of the Humanist Democratic Centre (CDH), hopes that his actions will inspire other politicians to take an interest in the emerging tech.

Beukelaer mentioned Eric Adams, New York City Mayor, and the efforts of American politicians to make their home state or city a Bitcoin-hub. He stated:

Eric Adams, the New York City Mayor, has been collecting his Bitcoin salary for three months to make New York the Bitcoin capital. It is not too late to have Brussels and Belgium play a major role in the cryptocurrency industry.

Another well-known lawmaker is Miami Mayor Francis X. Suarez, who is known for his advocacy of Bitcoin. He is a vocal advocate for making Miami a Bitcoin-friendly city. Apart from receiving his salary in Bitcoin, he has also been working to create policies that would allow city employees the same opportunity.

Related: NYC Mayor receives his first Bitcoin paycheck during dip

BTC salaries are not just for politicians. Some of the most prominent names in sports have already accepted BTC salaries. Seven NFL stars have accepted Bitcoin payments to date. Similar, NBA stars Klay Thompson, Andre Iguodala, and others have announced that they will accept Bitcoin salaries in the future.

Bitcoin is gaining popularity as an asset due to the increasing confidence of athletes and politicians who are looking to be paid in BTC.

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