Across The American Border, Mexico Is Quietly Making Big Moves Towards Blockchain Adoption

Hacker Noon April 25, 2021
Marshmallow Girl

All over the world, blockchain is gaining popularity now. But what about Latin America, especially Mexico?

The Mexican Congress approved a bill and recognized cryptocurrencies not as a currency, but as digital assets, similar to the shares of companies for which they established rules to prevent money laundering and corruption. The Central Bank of Mexico is responsible for monitoring cryptocurrency companies.

Mexico was able to become one of the first countries in Latin America to regulate blockchain and cryptocurrencies. At the state level, the ubiquitous distribution of blockchain technology is taking place and for ordinary citizens this could not go unnoticed.

First Blockchain Association in Mexico

The Blockchain Association of Mexico was established companies Bitso, Volabit, BIVA, GBM, Lvna...

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