Mexico – Page 6 – DIGIT INFO

President of Mexico Denies Having Interest in Adopting Bitcoin as Legal Tender

The President of Mexico, Andres Manuel Lopez Obrador, denied having any interest in adopting cryptocurrencies as legal tender in the country. The statements, offered in a press conference in the National Palace this week, also confirmed that the Mexican government will keep dealing with the financial matters of the country in a traditional and orthodox […]

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Mexico’s president rules out accepting crypto as legal tender

The Bank of Mexico and the National Banking and Securities Commission issued a statement earlier this year warning financial institutions not to deal with digital assets, but the president has not often spoken directly on the subject.

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Bitcoin transactions ‘akin to bartering,’ Bank of Mexico governor says

Governor Díaz de León said Bitcoin resembles “a dimension of precious metals” when compared to the central bank’s fiat money.

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Elektra Group President Ricardo Salinas Hints at Inclusion of Lightning Network Payments in Mexico

Ricardo Salinas, president of Elektra Group, one of the biggest retail franchises in Mexico, hinted at the possibility of integrating payments using Bitcoin’s second layer solution, the Lightning Network. Salinas made the announcement yesterday via Twitter. This would allow residents of the country to pay for appliances in-store, directly with cryptocurrency. Elektra Group Might Accept […]

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Bitso to assist the launch of El Salvador’s official Bitcoin wallet Chivo

Mexican crypto exchange Bitso is announced as a core partner for El Salvador’s state-issued BTC wallet.

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Mexican Regulator: 12 Cryptocurrency Exchanges Are Operating Illegally

Santiago Nieto Castillo, leader of the UIF, the Mexican financial regulator, has issued an alert that 12 cryptocurrency exchanges are operating illegally in the country. The regulator is now producing the necessary data for Mexican authorities to act against these exchanges. The institution receives information from 23 registered cryptocurrency exchanges reporting users’ transactions. Mexican Regulator […]

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Bitcoin is a miracle and better than gold, says Apple co-founder Wozniak

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.

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Latin America’s Mercado Bitcoin exchange raises $200M from SoftBank

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 valuation mark.

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Mexico’s Finance Minister: Cryptocurrencies Are Prohibited From Being Used in Financial System

Mexico’s central bank, finance ministry, and banking regulator have jointly issued a warning about cryptocurrency. Finance Minister Arturo Herrera emphasized that cryptocurrencies are prohibited from being used in Mexico’s financial system. The central bank of Mexico, the finance secretary, and the National Banking and Securities Commission (CNBV) said in a joint statement Monday that crypto […]

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Mexico may not be following El Salvador’s example on Bitcoin… yet

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 accepting Bitcoin.

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