Seven blockchain industry players, including ConsenSys, have launched the first blockchain association in Mexico.
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.
- News
- News
by Ana Berman
Mexican banks that provide crypto services and crypto exchanges must now apply for permits with the Bank of Mexico in order to legally carry out their operation...
- Analysis
The world’s governments want to see cryptocurrencies as everything but what they really are.
- In depth
10 world leaders quoted on Bitcoin, and what their views mean for the future of cryptocurrency.
- Analysis
From friendly Canada to bans in Chile and Bolivia.
- News
Cryptocurrency will see official regulation in Mexico once its president signs it into law, reports say.
- Expert Take
by Selva Ozelli
Blame Mexican drug dealers when you have to report your crypto trades to regulators.
- Much Wow
Devcon3 attendees get automatic flight delay compensation but police arrest several in bribe shakedown.
- Regulations
What route in regulating Bitcoin Mexico might take.
- Brief
Mexican central bank Banco de Mexico (Bank of Mexico) Governor Agustín Carstens thinks that Bitcoin should be classified as a commodity rather than as a currenc...
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