Mexico Archives - FortuneZ

Mexico Central Bank Warns Lenders against Offering Crypto Services

June 29, 2021

Mexican central bank, locally known as Banxico, clarified on Monday that the financial institutions operating in the country are not allowed to offer cryptocurrency-based services. The joint statement issued...

Second Richest Man Of Mexico Says Bitcoin Is His ‘Best Investment Ever’

December 27, 2020

Second richest man of Mexico says bitcoin is his "best investment ever". Chairman at conglomerate Grupo Salinas and Mexico’s second richest man, Ricardo Salinas Pliego disclosed in an interview that he bought...

Mexican Authorities Are Struggling To Cope As Cartels Adopt Crypto

December 9, 2020

Mexican authorities are struggling to cope as cartels adopt crypto. The Mexican authorities have reported a rise in the use of crypto assets to launder criminal syndicates funds in Latin America. In a Dec. 8 ...

Paxful Introduces Crypto Debit Card In Mexico

October 29, 2020

Paxful introduces crypto debit card in Mexico. Bitcoin (BTC) P2P marketplace Paxful has joined forces with Spanish neobank Bnext, launching its first crypto debit card in Mexico. With the partnership, Paxful'...

Encryption Trend Survey Reveals Insights On Blockchain Adoption In Mexico

October 20, 2020

Encryption trend survey reveals insights on blockchain adoption in Mexico. A report entitled “Encryption Trends in Mexico 2020/2021” conducted a survey of 353 representatives from companies throughout Mexico....

Santander to Facilitate Ripple-Based Services in Mexico

March 30, 2020

Banco Santander, a major Spanish bank, is gearing up to expand Ripple-based international payments services to Mexico. In a Form 20-F filed with the Securities and Exchange Commission (SEC) on March 6, the b...