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Mexico

Could Bitcoin Become Legal Tender in Mexico?
Video
Bitcoin
Could Bitcoin Become Legal Tender in Mexico?
Mexican senator Indira Kempis recently introduced a bill proposing that bitcoin become legal tender in the country. Felipe Vallejo, chief regulatory officer at Mexico-based cr...
Could Bitcoin Become Legal Tender in Mexico?
By CoinDesk Staff
Apr 14, 2022 at 8:38 p.m. UTC
Apr 14, 2022
BitcoincdtvbtcCC Cliplatin americaBitsoMexicoEl SalvadorIndira KempisFelipe Vallejo
A Rappi courier in Mexico (Artur Widak/NurPhoto/Getty images)
Finance
Bitpay
Latin American Delivery Unicorn Rappi Launches Crypto Payments Pilot
The Colombia-based company has partnered with BitPay and Bitso to convert crypto into credits for purchases within its platform.
A Rappi courier in Mexico (Artur Widak/NurPhoto/Getty images)
By Andrés Engler
Apr 11, 2022 at 6:25 p.m. UTC
Apr 11, 2022
BitpayBitsoRappiMexicopayments
(Jeevan Katel/Unsplash)
Finance
Telecommunications
Oxio Raises $40M to Bring Tokenized Telco Model to US and Brazil
The company's white label product allows any brand to serve as a mobile operator. It’s already working with Grupo Bimbo and other big brands in Mexico.
(Jeevan Katel/Unsplash)
By Andrés Engler
Mar 16, 2022 at 1:00 p.m. UTC
Mar 16, 2022
TelecommunicationsMexicoVenture CapitalDigital Currency GroupFundingFunding Rounds
(Leon Overwheel/Unsplash)
Finance
Venture capital
Crypto VC Investments in Latin America Grew Almost Tenfold in 2021 to $653M
Consumer-facing crypto exchanges and retail trading platforms received the majority of funding, according to the Association for Private Capital Investment in Latin America.
(Leon Overwheel/Unsplash)
By Andrés Engler
Feb 16, 2022 at 3:09 p.m. UTC
Feb 16, 2022
Venture CapitalSouth AmericaMexicoArgentina
Mexico City (Bill Perry/Shutterstock)
Finance
Coinbase
Coinbase Enables Mexican Users to Easily Cash Out of Crypto Sent to Them
The exchange plans to offer the service in other countries where customers face similar challenges with remittances.
Mexico City (Bill Perry/Shutterstock)
By Andrés Engler
Feb 15, 2022 at 5:34 p.m. UTC
Feb 15, 2022
CoinbaseMexico
(Shutterstock)
Policy
Mexico
Mexico Plans to Issue a CBDC by 2024, Government Confirms
The Mexican government tweeted that it considers these new technologies and payment infrastructure of “utmost importance” to advance financial inclusion.
(Shutterstock)
By Andrés Engler
Dec 30, 2021 at 3:07 p.m. UTC
Dec 30, 2021
Mexico
Roberto Dagnoni, CEO and executive chairman of 2TM, Mercado Bitcoin’s parent company.
Finance
Mercado bitcoin
Brazil’s Largest Crypto Exchange Owner Plans Latin American Acquisitions: Report
2TM, the holding company for Mercado Bitcoin, Brazil’s largest crypto exchange by market valuation, is looking to become a leading provider of blockchain infrastructure servic...
Roberto Dagnoni, CEO and executive chairman of 2TM, Mercado Bitcoin’s parent company.
By Andrés Engler
Nov 23, 2021 at 8:35 p.m. UTC
Nov 23, 2021
Mercado BitcoinBrazilAcquisitionsExchange-Traded ProductsArgentinaColombiaChileMexico
(CoinDesk archives)
Finance
Bitso
Mexican Crypto Exchange Bitso Incorporates Circle Solutions for Cross-Border Payments Initiative
The Bitso Shift initiative will allow Mexican businesses to make cross-border transactions more securely and easily.
(CoinDesk archives)
By Andrés Engler
Nov 18, 2021 at 2:00 p.m. UTC
Nov 18, 2021
BitsoCirclepaymentsUSDCStablecoinsCross-Border PaymentsMexicoUS
Peru flag (Shutterstock)
Policy
Cbdcs
Peru’s Central Bank Is Developing a CBDC
The central bank’s president said that the country is partnering with other central banks in the issuance of a domestic CBDC.
Peru flag (Shutterstock)
By Andrés Engler
Nov 16, 2021 at 9:44 p.m. UTC
Nov 16, 2021
CBDCscentral bank digital currencyCentral BankingBrazilMexicoSouth America
Rio de Janeiro, Brazil (ASSY/Pixabay)
Finance
Argentina
Hong Kong Crypto Exchange OSL Launches Operations in Latin America
The exchange is looking to address growing demand among institutional investors.
Rio de Janeiro, Brazil (ASSY/Pixabay)
By Andrés Engler
Oct 20, 2021 at 2:10 a.m. UTC
Oct 20, 2021
ArgentinaBrazilOSLColombiaMexico