Mexican senator to propose crypto law: ‘We need Bitcoin as legal tender’
Indira Kempis, a senator representing Nuevo León state in Mexico, works on a crypto bill based on El Salvador’s Bitcoin Law. Go to Source Powered by WPeMatico
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Coinbase to Allow Remittance Receivers in Mexico to Cash Out in Local Currency
Coinbase, a leading U.S.-based exchange, has announced it will now allow remittance receivers in Mexico to cash out the funds received through its service in local currency. This marks the first foray of the company into the Mexican remittance business, allowing customers to cash out in more than 37,000 convenience stores and other locations in … Read more
Top Latin American exchange Bitso officially expands to Colombia
Founded in 2014 in Mexico, Bitso is now officially present in Argentina, Brazil, El Salvador and Colombia. Go to Source Powered by WPeMatico
Ricardo Salinas Pliego Hints at Elektra Group Selling Bitcoin in Its Stores
Ricardo Salinas Pliego, president of the Salinas Group, owner of the Elektra Group stores, hinted at the possibility of the shops selling bitcoin. The executive stated that due to the regulations of the Central Bank of Mexico, his company cannot implement cryptocurrency integration in the Azteca Bank app. However, he did point out that Elektra … Read more
The virus killer: How blockchain contributes to the fight against COVID-19
Blockchain-powered solutions have been on the front line of the battle against the virus, yet their potential has been underutilized. Go to Source Powered by WPeMatico
Mexico Announces It Will Issue Its Own Digital Coin by 2024
The government of Mexico announced that the country’s central bank will issue its own digital currency. The statement of the official account of the presidency of Mexico informed that the development should be ready towards 2024, and remarked about the importance the technology has for the future of the financial structure of the country. Banxico … Read more
Mexico confirms plans to roll out CBDCs in 2024
New technologies and a next-generation payment infrastructure would help Mexico become more financially inclusive. Go to Source Powered by WPeMatico
Colombian Real Estate Platform Allows Users to Acquire Property With Bitcoin
A Colombian real estate platform is now allowing users to purchase properties with Bitcoin. The platform, called La Haus, is promoting bitcoin payments for a new real estate project in Santa Marta, called Natura City. This is an expansion of the platform, which has already established such a service in Mexico. La Haus to Allow … Read more
Mexican billionaire says ‘buy Bitcoin’ in new year message
Life advice from Mexico’s third-richest person: “Don’t be jealous, believe in yourself and buy Bitcoin.” Go to Source Powered by WPeMatico
2021 Crypto Literacy Report Suggests 96% of Americans Fail to Comprehend Basic Crypto Knowledge
A recent study suggests that 99% of people from Mexico and Brazil and 96% of Americans fail to grasp the basic concepts of cryptocurrencies. Out of all the survey respondents aware of bitcoin, 17% in the U.S., 15% in Brazil, and 14% in Mexico own the crypto asset. The report published by cryptoliteracy.org further explains … Read more