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.
Amazon has been silently working on a new digital currency project in Mexico, according to the company’s job postings.
Amazon job postings hint at digital payments project to launch in Mexico
Elon Musk continues pumping DOGE while Ricardo Salinas Pliego sticks to Bitcoin.
Billionaires pushing crypto: Mexico’s third-richest person changes Twitter bio to include Bitcoin
Leading Brazilian exchange Mercado Bitcoin has announced a regional expansion, naming Chile, Mexico, and Argentina as likely destinations.
Brazil’s top exchange announces international expansion after raising $38M
A U.K. judge ruled against extraditing the WikiLeaks founder to the U.S. in response to his legal team arguing he would have a "high risk of serious depression ...
Crypto users donate $400K to Julian Assange defense as Mexico proposes asylum
Ricardo Salinas Pliego breaks down his Bitcoin investment thesis.
Mexico’s second richest man says Bitcoin is his 'best investment ever'
The head of a major Mexcian financial intelligence unit has complained that local law enforcement has only a quarter of the staff it needs to respond to crypto ...
Mexican authorities struggle to keep up as cartels embrace crypto
The 166th wealthiest person in the world has revealed that he has invested in Bitcoin.
Mexico’s second-richest man invests 10% of his liquid portfolio in Bitcoin