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Mexican authorities struggle to keep up as cartels embrace crypto
9.12.2020
The head of a major Mexcian financial intelligence unit has complained that local law enforcement has only a quarter of the staff it needs to respond to crypto laundering from cartels
Mexican Billionaire Ricardo Pliego Invests 10% of Liquid Portfolio in Bitcoin- Says the Crypto Shields Against Wealth Expropriation
19.11.2020
Mexico’s second-richest person Ricardo Salinas Pliego confirms that 10% of his liquid portfolio is invested in bitcoin. The billionaire says the top crypto protects the wealth of private citizens from getting expropriated. Pliego advises his followers that might want to follow his...
Mexican Billionaire and GOT Actress Buy Bitcoin – and Want the World to Know
18.11.2020
Ricardo Salinas Pliego. Source: a video screenshot, Youtube/Ricardo B. Salinas Pliego
2020 looks to have been one of the best years yet for bitcoin (BTC) – with prices booming and an increasing number of high-profile investors and celebrities looking to get onboard as publically as possible –...
Mexico’s Second Richest Man Reveals 10% of His Liquid Assets Are in Bitcoin
18.11.2020
Billionaire Ricardo Salinas Pliego just declared 10% of his liquid portfolio has been tied up in bitcoin
US Charges 6 With Laundering Mexican Drug Cartel Cash Using Crypto and Casinos
16.10.2020
The U.S. Department of Justice charged the six individuals for alleged involvement in laundering funds from Mexican drug cartels after an investigation spanning years
Mexican Companies Launch Crypto Donation Platform For People Impacted by COVID-19
16.5.2020
A Mexican crypto exchange partnered with a local crowdfunding platform to collect donations to help families affected by COVID-19
Coronavirus Forces Mexican Fintech Firms to Wait Longer for Licenses
8.4.2020
Almost 100 Mexican fintech companies will likely face a longer wait than expected after the nation’s top financial regulator announced a coronavirus pandemic-related slowdown in its operations.
Per media outlet El CEO, The National Banking and Securities Commission (CNBV) has extended certain...
Intermex Is Not Using Ripple for Its Mexican Remittances
22.3.2020
Intermex’s announcement directly contradicts the press release issued by Ripple announcing the partnership
Mexican Firm ups Crypto Bid for Presidential Plane + More News
29.1.2020
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Isatech, the tech firm and crypto exchange operator bidding to by the for-sale Mexican presidential plane, appears...
Mexican Firm Offers Crypto in Exchange for Presidential Plane
21.1.2020
The state-owned Boeing 787 for sale. Source: a video screenshot, Youtube, Mexicoaeroespacial
A crypto exchange operator in Monterrey, Mexico, has launched an audacious crypto-powered bid to buy the country’s presidential aircraft for USD 138 million worth of tokens and a large swathe of land.
The...
Brazilian, Mexican Regulators on the Warpath for Crypto Businesses
11.9.2019
Cryptocurrency may be booming in Latin America, but exchanges and brokers run the risk of falling afoul of regulators – with government agencies in Brazil and Mexico looking to crack down on non-compliant platforms and brokerages.
The Securities and Exchange Commission of Brazil, known locally...
Mexican Crypto Exchange Makes 11th-hour Bid to Halt Regulations
12.6.2019
One of Mexico’s largest cryptocurrency exchanges, Bitso, has made a last-minute plea to stop the central bank imposing tough new fintech regulations, urging it to go with "international"-style guidelines instead.
As previously reported onCryptonews.com, Mexico’s central bank (known as Banxico)...
Mexican Greets Migrants through Its Southern Border with Armed Forces
6.6.2019
While the United States authorities might be railing about the flow of migrants from Mexico, it is imperative to know that the country itself has been suffering from illegal immigration for quite a few years. Over the years, plenty of illegal immigrants have tried to get into the country...
PR: TRCE – Crypto Exchange Set To Launch In Q4 2019
3.6.2019
The Real Cryptocurrency Exchange (TRCE) is a Seychelles Cryptocurrency company headquartered in Buenos Aires, Argentina (2019) with plans to open offices in Spain (2020) and Singapore (2021). The mission at TRCE is to reduce the access gap in the Cryptocurrency Market worldwide, primarily focusing...