Mexico Financial News
27.05 / 13:07
Blockchain
Digital
Tether
USDT
Tether Floats Mexican Pesos-based Stablecoin in Latin America
Tether Operations Limited, the blockchain startup behind the USDT stablecoin, has announced its entry into Latin America with the launch of the Mexican Pesos backed MXN₮ stablecoin.
26.05 / 23:07
Stablecoin
Adoption
Tether
World Economic Forum
‘Other flavors of Tether’ will bridge users to USDT: Paolo Ardoino
Tether’s decision to launch a new digital asset pegged to the Mexican peso will be a boon to crypto adoption in the Central American country by providing more onramps to the USDT stablecoin, according to Paolo Ardoino.
26.05 / 16:55
Blockchain
Stablecoin
Tether
Tether launches stablecoin pegged to pesos on Ethereum, Tron and Polygon
Amid market issues surrounding stablecoins, Tether (USDT) launched a new digital asset that will be pegged to the Mexican peso on Ethereum, Tron and Polygon networks.
19.05 / 10:15
cryptocurrency
Reuters
Platform
Bitcoin
Bitso, A Mexican Crypto Platform, Begins Operations In Colombia
Mexican cryptocurrency platform Bitso launches in Colombia
17.05 / 13:33
02.05 / 16:19
business
Law
Adoption
Bitcoin
El Salvador Bitcoin wallet shows ‘strong sign of adoption,’ exec says
El Salvador’s government-backed Bitcoin (BTC) wallet has reached significant success in terms of adoption, according to an exec at the cryptocurrency exchange behind the wallet.
02.05 / 11:19
business
Adoption
ATM
Bitcoin
Bitcoin ATM installation slowdown continues for 4th month in 2022
April 2022 marked the fourth consecutive month of a slowdown in the installation of Bitcoin (BTC) ATMs, ever since the slowdown began at the start of the year.
01.05 / 14:41
cryptocurrency
Platform
cryptocurrency news
Digital Banking Platform Revolut Eyeing Cryptocurrency Wallet Sector
Digital banking platform Revolut is expanding into decentralised cryptocurrency wallets
29.04 / 17:49
Ethereum
Gemini
Bitcoin
Drop
Crypto Adoption Continuing in Developing Countries Despite Price Drop
Despite a challenging backdrop with rising rates and falling stock prices, real-world adoption of crypto is continuing, with developing countries known for depreciating fiat currencies having the highest levels of crypto adoption worldwide, a new report from DappRadar has said.
28.04 / 02:03
Adoption
regulation
Bitcoin
Bitcoin ATM installed in Mexico's Senate Building
Mexico's Senate building now houses the country's 14th Bitcoin (BTC) ATM, a sign of the country's increasing interest in Bitcoin. The ATM was installed on Tuesday with the support of several legislators, including Miguel Angel Mancera, head of the parliamentary group of the Party of the Democratic Revolution (PRD).
25.04 / 23:07
regulation
Latin America
Central Bank
More Crypto Regulation May Be on the Way in Mexico, Suggests Central Bank Chief
The Governor of the Bank of Mexico (Banxico) has spelled out its position on crypto – and has hinted that it may seek to expand the scope of its regulation of the sector.
17.04 / 15:07
Blockchain
Adoption
Latin America
The world doesn’t need banks, policymakers or NGOs — It needs DeFi
Where I grew up, on the southern border in Texas, a tremendous number of people have come to the United States to work and send money back home. They don’t make much money, but they pay considerable fees on their transfers. Their focus is not on getting rich, but on supporting those back home in their native country. They support their families as they do hard labor day in and day out. It costs them too much to do so.
16.04 / 00:47
Adoption
interview
Bitcoin
Making Bitcoin legal tender is Mexico will be 'an uphill battle,' says Ricardo Salinas
During the Bitcoin 2022 Conference in Miami, Florida, Cointelegraph caught up with Ricardo Salinas, the founder and chairman at Grupo Salinas, in an exclusive sit-down interview. As an early Bitcoin (BTC) adopter, since its $200 days, Salinas has experienced first-hand the highs and lows of the market, and learned a thing or two along the way.
14.04 / 15:09
Ethereum
Adoption
Bitcoin
Top Latin America delivery app to accept crypto
Rappi, the most popular delivery service in Latin America, is working with Bitso and Bitpay to accept Bitcoin (BTC) and other cryptocurrency payments.
11.04 / 18:15
Technology
Adoption
Bitcoin
Crypto seen as the ‘future of money’ in inflation-mired countries
Last year, cryptocurrencies reached a “tipping point,” according to Gemini’s 2022 Global State of Crypto report, “evolving from what many considered a niche investment into an established asset class.”
08.04 / 14:09
markets
Crypto Ed
Bitcoin
Bitcoin Price
Bitcoin trader eyes $38K dip as Cathie Wood confirms $1M BTC price target by 2030
Bitcoin (BTC) faced a new threat of a dip below $40,000 on April 8 as short timeframes failed to rescue bulls.
08.04 / 09:27
Adoption
Blockstream
Bitcoin
Samson Mow’s new company JAN3 helping build Bitcoin City in El Salvador
Samson Mow, former chief strategy officer of Blockstream and founder of Pixelmatic, said on Thursday that he has started a new company called JAN3 which will focus on accelerating Bitcoin adoption.
08.04 / 05:25
Adoption
Conference
Bitcoin
Bitcoin 2022: Thiel calls Buffett 'sociopathic', Mexican billionaire has 60% in BTC
Day two of the Bitcoin 2022 in Miami was as colorful as we’ve come to expect, with Pay-Pal co-founder and venture capitalist Peter Thiel offering up his Bitcoin “enemies list” while Mexico’s third-richest man, Ricardo Salinas revealed he has 60% of his portfolio in Bitcoin.
07.04 / 22:51
business
Adoption
regulation
Bitcoin
Samson Mow introduces new nation-state adoption for crypto in Bitcoin 2022
Speaking at the Bitcoin 2022 conference in Miami, Samson Mow, former chief strategy officer of Blockstream, named three new jurisdictions that would be adopting or proposing to adopt Bitcoin (BTC) as legal tender. As told by Mow, the first is that of the Caribbean island Roatán, which is part of Honduras. Honduras Prospera Inc. is the organizer and promoter of the jurisdiction. The entity's president, Joel Bomgar, told the audience:
07.04 / 19:01
Adoption
Bitcoin
Honduras’ Roatán Island, Portugal’s Madeira to ‘Adopt Bitcoin’, Mexican Senator Sends Bullish Sign Too
The island of Roatán in Honduras and Portugal’s Madeira region are both set to “adopt bitcoin,” while a Mexican senator hinted that new talks about making bitcoin legal tender in this country about to begin.
06.04 / 18:39
Blockchain
Stablecoin
Payments
Cross-border
Forex exchange layer demonstrates the possibility of DeFi cross-border payment use case
Remittance payments are at an all-time high due to the COVID-19 pandemic. To paint the picture, Mexico’s payments alone have amounted to more than $50 billion, surpassing all other sources of foreign income. This value represents only a subset of the estimated $540 billion reported in 2021.
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