Mexico

Mexico to launch gov’t-backed digital currency by 2024
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5 January, 2022

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...
Mexico won’t legalize digital currency payments, president says
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20 October, 2021

Mexico won’t legalize digital currency payments, president says

President Andres Manuel Obrador has made it clear that the country doesn’t intend on accepting digital currencies as payments any...
Bitcoin is for barter, not currency: Mexico central bank chief
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16 September, 2021

Bitcoin is for barter, not currency: Mexico central bank chief

The head of the Bank of Mexico compared digital currencies to barter trade as opposed to being a currency, claiming...
Mexico reiterates reporting requirements for digital asset firms
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25 August, 2021

Mexico reiterates reporting requirements for digital asset firms

Digital currency firms must report any transaction that exceeds $87,000 to regulators, whether the firm is registered locally or under...
Mexican regulator claims 12 digital currency exchanges operating illegally
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4 August, 2021

Mexican regulator claims 12 digital currency exchanges operating illegally

The head of the Mexican Financial Intelligence Unit, Santiago Nieto Castillo, stated that the 12 exchanges were operating illegally during...
Mexico says no to BTC
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1 July, 2021

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...