News
A crypto exchange from Mexico has launched an initiative to gather COVID-19-related donations through cryptocurrencies.
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Mexico News
Mexico is a federal presidential representative democratic republic in the southern part of North America. According to the International Monetary Fund, the country is the 15th largest country by nominal GDP and the 11th largest country by purchasing power parity. In terms of cryptocurrency, in March 2018, the Mexican government presented its draft legislation which describes Bitcoin as a digital asset and sets regulations on making transactions with virtual money. Due to the high market capitalization, protocols, algorithms, etc., authorities will determine which kinds of cryptocurrency fits the definition of an asset. The main purpose of the law is to raise their national economy by attracting international companies and investors interested in digital currencies.
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The director of a business research center in Mexico has warned citizens against hasty investments in crypto during the current crisis.
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While Localbitcoins trade volumes have receded globally since the platform’s KYC overhaul last year, Latin American trade has continued to surge.
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Major Spanish bank Santander is extending its Ripple-powered international payments system One Pay FX to Mexico in 2020.
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U.S.-Latin American remittance provider reveals that Ripple is not being used for remittances in its “core markets.”
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Binance has rolled out peer-to-peer crypto trading with five new Latin American fiat currencies.
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A former YouTuber has been sentenced to 50 years in prison for masterminding a kidnapping that demanded $100,000 in BTC for the victim’s safety.
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Ripple, the firm behind the third largest altcoin XRP, made a new partnership to bolster cross-border payments between the U.S. and Mexico.
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The North American Securities Administrators Association says cryptocurrency investment schemes are one of the top investor threats in 2020.
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Cointelegraph en Español presents a weekly digest of selected cryptocurrency- and blockchain-related news from the Spanish-speaking world.
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Mexico announces a new alliance to support blockchain development in Cointelegraph’s weekly digest of news from the Spanish-speaking world.
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Ripple, Coinbase invested an undisclosed amount in the first Mexican crypto exchange to help it expand to Brazil and Argentina.
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Cointelegraph en Español presents a weekly digest of selected cryptocurrency- and blockchain-related news from the Spanish-speaking world.
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Major Slovakia-based antivirus software provider ESET has discovered a Latin American banking trojan that can steal crypto.
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The U.K., the U.S, Hong Kong and Singapore have the largest number of registered digital currency exchanges, per a recent report.
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