Paxos and MercadoLibre partner up to bring USDP to Mexico

The move provides PAX coin access to Mexico’s 3.1 million-plus cryptocurrency users.

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Report: Emerging Market Investors Dumping Dollar-Denominated Debt and Seeking Local Currency Bonds Instead

Emerging markets investors are being attracted by local currency-denominated bond instruments while leaving dollar-denominated debt, according to data provided by EPFR Global, a fund flow and allocation data insights company. These markets have outperformed dollar-denominated debt due to the behavior of currencies like the Brazilian real and the Mexican peso, which have appreciated against their

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Bitcoin adoption in Mexico boosted by Lightning partnership with retail giant

“Imagine if Best Buy, Bank of America, Fox News and an NFL team were all owned by the same individual. All of them will have lightning capabilities in the future,” Jose Lemus, CEO of Ibex Mercado, told Cointelegraph.

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Web3 projects focus on education to bring Latin American women to the sector

Women in Latin America are showing an increased interest in Web3 as organizations aim to drive participation through educational content and scholarships.

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Why crypto remittance companies are flocking to Mexico

Mexico has a burgeoning crypto remittance market that has immense potential.

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Mexico Regulates Advertising in the Metaverse

The measure approved by the Mexican government seeks to protect children from advertising related to consumer products with health warning labels.

Continue reading Mexico Regulates Advertising in the Metaverse at DailyCoin.com.

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Bank of Mexico Creates Conditions for the Launch of CBDC

Mexico anticipates that by 2024 it will be able to launch the digital Mexican peso.

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The Growth Potential Of The Metaverse In Latin America

In the next 10 years, the metaverse market in the region is expected to grow by 400%.

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Latin America is ready for crypto — just integrate it with their payment systems

Brazil is already leading the globe in cryptocurrency adoption. Integrating crypto with payment providers in the region is a surefire way to see Latin America fully embrace the industry.

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Bitso Expects To Capture 10% Of Remittances Between The US And Mexico

Currently, the Mexican unicorn processes around 5% of the total cryptocurrencies that circulate between the two countries.

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Tether Introduces Another Stablecoin, USDT Counterpart Pegged to Peso in Mexico

The peso, which is now trading at $0.051, will serve as the base currency for MXNT. According to data by

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Tether Floats Mexican Pesos-based Stablecoin in Latin America

Tether Operations Limited, the blockchain startup behind the USDT stablecoin, has announced its entry into Latin America with the launch of the Mexican Pesos backed MXN? stablecoin. (Read More)

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Panama President demands strict anti-money laundering measures in new crypto law

Panama’s President Laurentino Cortizo said he will not sign the new cryptocurrency bill until it provides provisions for stricter anti-laundering controls, Bloomberg News reported on May 19.

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Mexico Will Be One of the First Countries to Launch a CBDC in Latin America

Mexico is likely to be one of the first countries in Latin America and the world to enter the club of countries with central bank digital currencies (CBDC).

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Mexican Platform Bitso Adjusts Its Strategy in Latin America

The Mexican cryptocurrency exchange Bitso has outlined a strategy to attract more clients in the region by improving the returns on their investments.

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Tauros, IBEX Mercado Partner For Mexico’s First Lightning-Enabled Bitcoin Exchange

IBEX Mercado has partnered with Mexican bitcoin-exchange Tauros for the first Lightning-enabled exchange in Mexico.

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Mexican Senate Obtains a Bitcoin ATM as the Country Attempts to Regulate Crypto

Senate ran a series of forums to discuss the need for a legal framework related to crypto, thus making a huge step towards ‘financial freedom, inclusion and education in Mexico’.

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Mexican Football Club Tigres Fans Can Now Pay in Crypto For Match Tickets

The alliance between Club Tigres and Bitso was first revealed in November. Rappi, a Colombian delivery platform, had a similar

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Senator Kempis Hints at Proposal to Make Bitcoin Legal Tender in Mexico

Mexico is preparing to become the second country to accept Bitcoin as legal tender. Senator Indira Kempis of Mexico has announced that a law to make Bitcoin legal tender in her nation would be introduced in the next two months. Kempis made a comment while speaking at the Bitcoin 2022 Conference in Miami. Kempis, who […]

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Mexican billionaire Salinas Pliego says Bitcoin accounts for 60% of his liquid portfolio

Bitcoin makes up 60% of Ricardo Salinas Pliego's liquid portfolio Mexico's third-richest person calls bonds 'a terrible investment'.  The TV Azteca CEO says he has 40% of his investment in oil and gold. Billionaire Ricard Salinas Pliego, the third wealthiest individual in Mexico per Forbes' latest rich list, has revealed Bitcoin makes up the largest… More

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