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.
Apple co-founder Steve Wozniak declared “Bitcoin is the only digital gold” years ago, but he claims that he still hasn’t invested in BTC.
Bitcoin is a miracle and better than gold, says Apple co-founder Wozniak
2TM GRoup, the company behind Mercado Bitcoin, is now valued at $2.1 billion. It's the second crypto exchange in Latin America to eclipse the $1 billion valuati...
Latin America’s Mercado Bitcoin exchange raises $200M from SoftBank
A warning from the country's financial regulators seemed to be specifically targeting Ricardo Salinas Pliego, who on Sunday said he would explore his bank accep...
Mexico may not be following El Salvador's example on Bitcoin... yet
Ricardo Salinas Pliego wants his bank to be the first in Mexico to accept BTC.
Billionaire vows to spearhead Mexico’s first Bitcoin-friendly bank
“We are going to lead the shift to crypto and fintech in Mexico,” said one senator.
Mexico lawmakers aim to follow the example of neighboring countries with proposed Bitcoin legislation
Airtm is aiming to solve a myriad of financial challenges in Latin America tied to last-mile remittance, affordability and equitable access to the global bankin...
Stellar Development Foundation invests $15M in Mexico crypto exchange
The startup has a total value of $2.2 billion following its latest Series C investment round.
Bitso reportedly becomes Latin America’s first billion-dollar crypto exchange