Mexico CBDC initial phase paused, full-scale launch remains unclear
Bank of Mexico's Deputy Governor Jonathan Heath confirmed that the CBDC will be operational in early 2024, giving the central bank around 12 months to work with.
Latest Bank of Mexico News
Mexico to launch gov’t-backed digital currency by 2024
The Mexican government tweeted that the Bank of Mexico intends to have a digital peso in circulation by 2024 as the country targets financial inclusivity.
Mexico says no to BTC
The Bank of Mexico and the Ministry of Finance have both issued statements warning that digital currencies, including BTC, aren’t legal tender.
Mexican central bank requires permits for crypto exchanges
Mexican businesses that want to offer the trading of cryptocurrencies must be registered with The Bank of Mexico, the country’s central bank.