
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.
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.
The Bank of Mexico and the Ministry of Finance have both issued statements warning that digital currencies, including BTC, aren’t legal tender.
Mexican businesses that want to offer the trading of cryptocurrencies must be registered with The Bank of Mexico, the country’s central bank.