It seems after Japan, Mexico follows suit.
I don't see it as a game changer but it's something welcome. More countries will follow.
Topic: Mexico’s New Bill Could Be a Game Changer for Bitcoin (Read 396 times)
Already made a post in another thread on this news.
Mexico announced a bill saying "Bitcoin is officially viewed as a digital asset to Mexican exchanges"
https://news.bitcoin.com/mexico-bill-bitcoin-game-changer/?utm_source=dlvr.it&utm_medium=twitter
Will this designation improve or hinder bitcoin's growth in the long run?
https://news.bitcoin.com/mexico-bill-bitcoin-game-changer/?utm_source=dlvr.it&utm_medium=twitter
Will this designation improve or hinder bitcoin's growth in the long run?
This is going to be a game changer for the space but that means Mexican will need to play by the rule and start filing their tax returns on profit made on BTC
That is a move in the right direction from Mexico and interestingly it is coming at a time when the U.S. plan to clamp on remittances going out of the U.S. to Mexico. The proposal for the exchange not to lend client's funds is a welcome development that could further the adoption of Bitcoin and separate them from the traditional bank.
Mexico has recently introduced a bill, which defines Bitcoin as a digital asset and sets forth rules for bitcoin exchanges.
See below to learn more about this new bill and its effects on the Bitcoin ecosystem.
https://news.bitcoin.com/mexico-bill-bitcoin-game-changer/
See below to learn more about this new bill and its effects on the Bitcoin ecosystem.
https://news.bitcoin.com/mexico-bill-bitcoin-game-changer/
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