mexico

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

<div class=”featured_image_container”> </div> <strong>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.</strong> The central bank of Mexico, the finance secretary, and the National Banking and Securities Commission (CNBV) said in a joint statement …

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Billionaire vows to spearhead Mexico’s first Bitcoin-friendly bank

The third richest man in Mexico, Ricardo Salinas Pliego, has doubled down on his support for Bitcoin, revealing plans to open the first BTC accepting bank in the country. On June 27, the Mexican billionaire tweeted his support for the widespread adoption of BTC, noting that his bank is “working” to become the first in …

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Latin American Countries Eye Bitcoin Adoption After El Salvador Passed Bitcoin Law

<div class=”featured_image_container”> </div> <strong>A number of lawmakers in Latin American countries have expressed their interest in bitcoin following El Salvador passing the law making the cryptocurrency legal tender. The countries include Paraguay, Argentina, Panama, Brazil, and Mexico. Tonga and Tanzania have also reportedly expressed interest in bitcoin.</strong> More Countries Eye Bitcoin Adoption After El Salvador …

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Mexico lawmakers aim to follow the example of neighboring countries with proposed Bitcoin legislation

Eduardo Murat Hinojosa, a senator of the federal government of Mexico, has said he will be submitting a proposal to lawmakers seemingly aimed at crypto adoption in the country. In a tweet today, Hinojosa changed his profile picture to feature the senator speaking into a microphone with the iconic “laser eyes,” indicating support for crypto. …

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Amazon Job Listing Seeks Blockchain Lead – Internet Giant Looks to Create ‘Business Use Cases Across Defi’

<div class=”featured_image_container”> </div> <strong>Amazon is looking for a blockchain expert, according to a job posting published on the company’s employment portal. The firm wants someone who is “passionate about blockchain and decentralized networks” and someone who can build innovative “business use cases” across decentralized finance (defi). </strong> Online Marketplace Amazon Hopes to Hire a Head …

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Latam Based Exchange Bitso Gets Unicorn Status After $250 Million Funding Round

<div class=”featured_image_container”> </div> <strong>Bitso, one of the biggest cryptocurrency exchanges in Latam, has reached unicorn status after a funding round that managed to raise $250 million with the participation of some big names in the cryptocurrency world. The company announced it would use these resources to expand its operations and keep growing in its core …

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Mexican Companies Are Willing to Join the Bitcoin Bandwagon in the Wake of Tesla’s Investment, Says Expert

<div class=”featured_image_container”> </div> <strong>Bitcoin-buying frenzy among major companies could hit Mexican firms soon, as interest keeps increasing across the country. An expert is expecting that local businesses will follow the same path as mainstream U.S.-based companies such as Tesla.</strong> Current Bitcoin Performance Could Make Companies Rethink Their Business Models During an interview with El Economista, …

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Mexico’s Third-Wealthiest Individual Adds Bitcoin to His Twitter Bio

<div class=”featured_image_container”> </div> <strong>Just recently the Mexican billionaire, Ricardo Salinas Pliego, joined Elon Musk and a number of high-profile people, by adding the bitcoin hashtag to his Twitter bio. Salinas is one of Mexico’s wealthiest individuals with a fortune of around $13.2 billion and 10% of the entrepreneur’s liquid portfolio is in bitcoin.</strong> Grupo Salinas …

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Amazon Is Working on Digital Currency Solutions— Pilot Project Set to Launch in Mexico

<div class=”featured_image_container”> </div> <strong>The e-commerce giant is preparing to explore the crypto business, as a recent job listing suggests. Amazon is looking to launch a pilot project in Mexico that seeks to build a team that develops new solutions based on “digital currencies.”</strong> E-Commerce Giant Amazon Seeks to Target Customers in ‘Emerging Markets’ According to …

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Billionaires pushing crypto: Mexico’s third-richest person changes Twitter bio to include Bitcoin

Ricardo Salinas Pliego, chairman at conglomerate Grupo Salinas and Mexico’s third richest person, is plugging Bitcoin on social media. The billionaire with an estimated net worth of more than $13 billion as of January changed his Twitter bio over the weekend to include the Bitcoin (BTC) hashtag. Crypto Twitter users and some of Salinas’ more …

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