🚨 Time is Running Out: Reserve Your Spot in the Lucky Draw & Claim Rewards! START NOW

Belgium’s MP Christophe De Beukelaer - First EU Politician to take Salary in BTC

Belgium’s MP Christophe De Beukelaer - First EU Politician to take Salary in BTC

As celebrities and politicians in the west started taking payments in the form of Bitcoin, it seems that the trend is slowly creeping into Europe. 

Based on the report by a local media organization in Brussels called Bruzz, one parliament member will be receiving his salary in crypto via the Bit4You exchange. Christophe De Beukelaer will be converting his 5,500 EUR salary into Bitcoin, which is 0.18 BTC at current rates.

According to the MP, he is eager to introduce blockchain technologies to more politicians. In fact, his decision to accept a Bitcoin salary was highly influenced by NYC Mayor Eric Adams, who recently talked about the recent market crash. He even quoted the mayor, stating:

How Do KYC & AML Work in Crypto? (Explained)

Did you know?

Want to get smarter & wealthier with crypto?

Subscribe - We publish new crypto explainer videos every week!

"New York City Mayor Eric Adams has spent three months collecting his Bitcoin salary to make New York the Bitcoin hub. I think it is not too late for Brussels and Belgium to play a leading role in the crypto-currency industry."

Likewise, the Mayor of Miami Francis Suarez has also talked about introducing a more blockchain-focused approach into the industry. He even made an appearance at a conference with the Mayor of Rio de Janeiro Eduardo Paes who decided to allocate 1% of the city’s treasury to Bitcoin.

Celebrities like Atlanta-based rapper Lil Baby said that he would much rather get paid in cryptocurrencies than fiat money, alongside NFL star Odell Beckham Jr. who has already signed a one-year partnership deal with CashApp to get paid in Bitcoin.

Aaron S. , Editor-In-Chief
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.

Loading...
binance
×
Verified

$600 WELCOME BONUS

Earn Huge Exclusive Binance Learners Rewards
5.0 Rating