Author

Topic: Mexico´s Congress Approves Cryptocurrency, Crowdfunding Regulations (Read 98 times)

jr. member
Activity: 88
Merit: 1
This is good news for all crypto lovers and fanatics in mexico they will benefits of it and all crypto lovers around the world will celebrate this good news. I hope more country will open crypto currency like mexico did.
newbie
Activity: 4
Merit: 0
This is great news...gradually the whole world will embrace cryptocurrency and bitcoin will soar in value. If a good number of South American countries were to adopt bitcoin then we will see real exponential growth
legendary
Activity: 1652
Merit: 1088
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https://www.reuters.com/article/us-mexico-fintech/mexico-financial-technology-law-passes-final-hurdle-in-congress-idUSKCN1GD6KX

Quote
MEXICO CITY (Reuters) - Mexico’s lower house of Congress approved a bill to regulate the fast-growing financial technology sector on Thursday, including crowdfunding and cryptocurrency firms, putting it among a small group of countries to establish regulation for the industry.

The bill, which seeks to promote financial stability and prevent money laundering, was approved by Mexico’s Senate in December and now awaits President Enrique Pena Nieto’s signature.

Regulators will soon begin crafting so-called secondary laws, which will determine key details for companies in the sector.

The law will give fintech companies greater regulatory certainty around issues such as crowdfunding, payment methods and rules surrounding cryptocurrencies such as bitcoin.
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