Mexico Financial News

01.02 / 19:03

Manufacturing Mexico’s Industrial Hubs Grow as Part of Trade Shift Toward Nearshoring

MEXICO CITY—Companies from around the world are moving production and equipment to Mexico as they seek a manufacturing hub closer to the U.S., part of a broader shift in global trade.

24.01 / 17:15

Government Law Adoption regulation us government Central Bank Cash Winter Olympics Amid crypto winter, central banks rethink in-house digital currencies

Over the last couple of years, numerous reports have surfaced regarding governments worldwide exploring the issuance of their very own central bank digital currency. In fact, to date, nine countries have rolled out an active CBDC offering. In this regard, China’s digital yuan witnessed widespread use during the 2022 Winter Olympics.

16.01 / 17:23

business CBDC regulation Financial Times Winter Olympics Costs NOT CBDCs not worth the costs and risks, says former BoE advisor

Central banks worldwide are pushing forward with digital asset projects despite the various crypto industry implosions over the past 12 months. China has rolled out its central bank digital currency (CBDC) to several cities, and it was available for use at the Winter Olympics.

16.01 / 13:53

MET banking Bitcoin Nubank Brazil’s Nubank Remains Bullish on Crypto with New Token Listings

The Brazilian neobank Nubank’s decision to list polygon (MATIC) and uniswap (UNI) on its banking app has been met with enthusiasm from the crypto community.

13.01 / 22:55

CBDC Adoption MIT, Maiden Labs examine CBDC inclusiveness issues in report from 4 countries

The Massachusetts Institute of Technology (MIT) Digital Currency Initiative (DCI) and associated organizations marshaled a sizable team of researchers in four low- and middle-income countries — India, Indonesia, Nigeria and Mexico — to study inclusion issues related to retail central bank digital currency (CBDC) design. They released the results of their 15-month research project on Jan. 13.

09.01 / 19:09

Binance Microsoft SEC TON Today in Crypto: Traders at an Institutional Crypto Firm Targeted by Hackers Since July 2022, Huobi Korea to Reportedly Cut Ties with Huobi Global

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________

09.01 / 00:45

CBDC Adoption Central Bank Mexico's digital peso delayed, unclear launch date

Mexico's central bank digital currency (CBDC) development is still in an initial phase, and it is unlikely to be ready for launch by 2024.

25.12 / 15:23

Taliban Power Winter storm: 18 dead, a million without power in US and Canada

At least 18 people have been killed, and a million left without power, after a deep overnight freeze and snowstorm swept across the US.

21.12 / 13:35

Binance Crime USDC Bitcoin Crime Investigation: Global Drug Cartel Laundered Millions of Dollars Through Binance

Major cryptoasset exchange Binance was reportedly used by a Mexican-based internationally-operating drug cartel to launder millions of US dollars - and the exchange helped the authorities identify the suspects.

07.12 / 00:57

European Union Football World Cup 2022: Morocco beats Spain becoming first ever Arabic team to reach quarter finals

Morroco made history on Tuesday by handing Spain a crushing defeat at the World Cup.

05.12 / 16:25

European Union Football Trade war over green subsidies looms large over EU-US tech summit

The shadow of an imminent trade war over green subsidies is looming large at a high-level EU-US summit taking place on Monday.

02.12 / 17:05

Target Nov Bank of Mexico Deputy Governor Sees Risk of Overdoing Rate Increases

MEXICO CITY—Bank of Mexico deputy governor Gerardo Esquivel said the central bank runs the risk of raising interest rates too far in its bid to contain inflation, according to the minutes from this month’s monetary policy meeting.

01.12 / 15:23

Target Nov Bank of Mexico Deputy Governor Sees Risk of Overdoing Rate Increases

30.11 / 21:33

Target Nov Bank of Mexico Deputy Governor Sees Risk of Overdoing Rate Increases

30.11 / 16:51

Fighting Corning U.S. Threatens to Start Trade Fight With Mexico Over Genetically Modified Corn Ban

The U.S. and Mexico are tangling over Mexico’s proposal to ban genetically modified corn, with a top U.S. official threatening to initiate a trade dispute if the two countries can’t find an agreement.

29.11 / 17:01

Target Nov Bank of Mexico Deputy Governor Sees Risk of Overdoing Rate Increases

27.11 / 17:03

Target Nov Bank of Mexico Deputy Governor Sees Risk of Overdoing Rate Increases

26.11 / 16:09

Target Nov Bank of Mexico Deputy Governor Sees Risk of Overdoing Rate Increases

24.11 / 22:01

Target Nov Bank of Mexico Deputy Governor Sees Risk of Overdoing Rate Increases

21.11 / 17:29

Terraform Labs These Countries Were Hit The Hardest By the FTX Collapse – Find Out Why

South Korea, Singapore, and Japan are the three countries most impacted by crypto exchange FTX's infamous implosion, with a combined 15.7% traffic share to FTX.com, said a report by Coingecko.

17.11 / 16:05

European Union Culture Bruno Carbone: One of Europe's most-wanted criminals arrested in Syria

An Italian drug trafficker, one of Europe's most-wanted criminals, has been arrested in Syria and extradited to Italy, according to Italian officials and a Syrian jihadist rebel group.

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