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Leading Mexican Retailer Grupo Elektra Accepts Bitcoin
19.12.2021
Mexico’s Grupo Elektra, a leading retailer in Latin America, is accepting bitcoin for payments. The chain belongs to conglomerate Grupo Salinas, which is owned by Mexico’s third-richest billionaire, the pro-bitcoin Ricardo Salinas Pliego. Ricardo Salinas Pliego’s Retail Chain...
Undefeated Gilberto ‘Zurdo’ Ramirez Heads to the Ring With Bitcoin.com in His Corner
16.12.2021
Gilberto ‘Zurdo’ Ramírez, a Mexican boxer with an impeccable professional record, is warming up for a Saturday night bout, one last hurdle before getting a shot at the World Boxing Association (WBA) light heavyweight title. Ramirez will face Yunieski Gonzalez in a final...
Mexico’s Third Richest Man Advises Buy Bitcoin Now — Says US Looking Increasingly Like Third World Country
26.11.2021
Mexico’s third-richest billionaire, Ricardo Salinas Pliego, has advised investors to “buy bitcoin right now.” He explained that the U.S. is “looking more and more like any other irresponsible third world country.” Ricardo Salinas Pliego on US Economy and Bitcoin...
Roblox Has Been Down For Over 35 Hours And It's Probably Not Chipotle's Fault
30.10.2021
Roblox, one of the most popular games in the world, has been down for over a day now and while many frustrated players are blaming an in-game Chiplote promotion, the devs say that free burritos aren’t the reason for the outage. Read more
Subsidiary of Mexican airline Volaris accepts Bitcoin payments
20.10.2021
El Salvador's Bitcoin adoption agenda continues apace, this time extending to a local airline
Mexican medical firm embraces blockchain for covid test certificates
18.10.2021
MDS Mexico will use blockchain technology to verify the authenticity of its rapid coronavirus test results
President of Mexico Denies Having Interest in Adopting Bitcoin as Legal Tender
17.10.2021
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...
Pay Tax on Your Bitcoin Profits or Face Punishment, Mexican Auditor Warns
30.8.2021
An auditor has warned that Mexicans must pay tax on bitcoin (BTC) and altcoin trading profits – or run the risk of becoming earmarked as money-laundering offenders.
Per the news agency EFE, via El Nacional, Fidel Ortiz, the director-general of the accountancy FIXAT, claimed that BTC investment...
Mexican Regulator: 12 Cryptocurrency Exchanges Are Operating Illegally
30.7.2021
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...
Mexico’s Finance Minister: Cryptocurrencies Are Prohibited From Being Used in Financial System
30.6.2021
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...
Mexico’s Third Richest Man Recommends Bitcoin, His Bank Is Working to Accept BTC, Says Fiat Money Is a Fraud
28.6.2021
Ricardo Salinas Pliego, Mexico’s third-richest man and founder of Grupo Salinas, sees bitcoin as an asset with extraordinary properties, describing the cryptocurrency as “gold for the modern world.” He recommends bitcoin, thinks that fiat money is a fraud and the idea of the U.S....
Forza Horizon 5 Is Very Proud Of Its Mexican Cactus Needles
13.6.2021
There’s a brand-new Forza Horizon on the horizon, and its foliage is going to be some of the greatest, most accurate foliage ever rendered in a video game. According to Playground Games creative director Mike Brown, they’ve rendered the individual needles on the cholla cactus we’ll be speeding...
Mexican Football Federation Shows League Club’s NFT Equity Sale Red Card
3.6.2021
The Mexican Football Federation appears to have thrown up an insurmountable roadblock for a pro club that was hoping to sell a percentage of its equity as a non-fungible token (NFT) – in a move that would be unprecedented in world sport.
The football team in question is Club Nexaca of the Liga...
NFT Auction at Mexican Soccer Club on 115th Anniversary
26.5.2021
NFTs are on a roll with numerous well-renowned bodies and personalities openly using them in 2021. Now, Chivas (The Club Deportivo Guadalajara), Mexico’s most popular soccer club, will be releasing its NFTs as well. The club will celebrate its 115th anniversary by holding an NFT auction...
Free Bitcoin: Major US Fast Food Chain Chipotle Giving Away $100K in BTC to Celebrate National Burrito Day
1.4.2021
Chipotle Mexican Grill says it is giving away bitcoin and free burritos to celebrate National Burrito Day. The company has created a game where each participant will have 10 tries to guess a valid six-digit code for a chance to win a free burrito or up to $25,000 in bitcoin. Free Burritos...
Mexican Companies Are Willing to Join the Bitcoin Bandwagon in the Wake of Tesla’s Investment, Says Expert
17.2.2021
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. Current Bitcoin Performance Could Make Companies...
Mexico’s Third-Wealthiest Individual Adds Bitcoin to His Twitter Bio
15.2.2021
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...
PwC Chief: Mexican Companies Want to Follow Tesla into Bitcoin Investment
15.2.2021
Mexican companies are developing an interest in following the lead of companies north of the border – and could seek to emulate the bitcoin (BTC)-buying leads of United States-based companies like Tesla.
These were the conclusions of a report from El Economista, which quoted Mauricio Hurtado...
Economics Professor Tyler Cowen Says Cryptos Useful as Hedges or Forms of Payments – ‘Not Both’
4.1.2021
Tyler Cowen, an economist and professor at George Mason University, has suggested that the key use cases of cryptocurrencies are mutually exclusive. He argues that cryptos can either be important inflation hedging tools or useful forms of payment but not both. The Regulation Threat The professor...
Mexican exchange Bitso raises $62M to help fund international expansion
10.12.2020
The Latin American exchange has raised $62 million in a Series B funding round led by the investment funds Kaszek Ventures and QED Investors