volabit – DIGIT INFO

Bank of Mexico’s Attempt to Regulate Crypto ‘Is a Disaster,’ Exchange CEO Explains

DIGIT — Mon, 18 Mar 2019 04:03:57 +0000

The long-awaited rules on crypto assets recently published by the central bank of Mexico have caused quite a stir. A local cryptocurrency exchange’s CEO explains to news.Bitcoin.com that “the impact goes beyond the crypto industry.” Calling it “a disaster,” he asserts that the people within the central bank “have really shown their ignorance” about cryptocurrency. […]

The post Bank of Mexico’s Attempt to Regulate Crypto ‘Is a Disaster,’ Exchange CEO Explains appeared first on Bitcoin News.

Go to Source

Mexico’s Central Bank Publishes ‘Catch-22’ Rules Impacting Cryptocurrency Exchanges

DIGIT — Wed, 13 Mar 2019 05:45:47 +0000

The central bank of Mexico has published rules on crypto assets that put crypto exchanges in “a catch-22 type of situation,” the CEO of a local exchange explained to news.Bitcoin.com. They “essentially stipulated that they wouldn’t authorize any cryptocurrency to be offered by regulated financial companies.” Also read: SEC Chair Explains Key Upgrades Needed for […]

The post Mexico’s Central Bank Publishes ‘Catch-22’ Rules Impacting Cryptocurrency Exchanges appeared first on Bitcoin News.

Go to Source