Mexico

The post Crypto Regulations in Mexico 2024 appeared first on Coinpedia Fintech News Mexico, nested in southern North America, is the world’s 13th-largest country. It boasts a population nearing 130 million, which makes it the 10th most populous county. As a developing nation with the 15th largest economy globally by nominal GDP and 11th largest by PPP, Mexico is emerging on the world stage as a new global economic power.  But, regarding cryptocurrency, Mexico has adopted a cautious stance. Although…

Mexican billionaire urged his followers to stay away from "fake" fiat money - and invest in Bitcoin instead. In his tweet on Christmas Eve, Billionaire Ricardo Salinas Pliego warned his followers about fiat money. He said that fiat money, like U.S. dollars, is nothing but "paper and lies." Stay away from fiat money. The dollar, Euro, yen or peso - they are all the same story. It's fake money made from paper and lies. Salinas, the third-richest man in Mexico…

COVID-19 pandemic has brought economic difficulties to the world and the poorest individuals are most hit. This is why organizations, firms and individuals are reaching out to those who need help. Companies offering services related to cryptocurrency and some individuals in the cryptocurrency space have been trying their best to help those in need. For example, cryptocurrency companies like Binance, BitMEX and the Stellar Foundation have launched such initiatives. Cryptocurrency exchange based in Mexico, Bitso, has collaborated with the crowdfunding platform Donadora towards the launch of…