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NFT Auction at Mexican Soccer Club on 115th Anniversary
26.5.2021
NFTs are on a roll with numerous well-renowned bodies and personalities openly using them in 2021. Now, Chivas (The Club Deportivo Guadalajara), Mexico’s most popular soccer club, will be releasing its NFTs as well. The club will celebrate its 115th anniversary by holding an NFT auction...
Free Bitcoin: Major US Fast Food Chain Chipotle Giving Away $100K in BTC to Celebrate National Burrito Day
1.4.2021
Chipotle Mexican Grill says it is giving away bitcoin and free burritos to celebrate National Burrito Day. The company has created a game where each participant will have 10 tries to guess a valid six-digit code for a chance to win a free burrito or up to $25,000 in bitcoin. Free Burritos...
Mexican Companies Are Willing to Join the Bitcoin Bandwagon in the Wake of Tesla’s Investment, Says Expert
17.2.2021
Bitcoin-buying frenzy among major companies could hit Mexican firms soon, as interest keeps increasing across the country. An expert is expecting that local businesses will follow the same path as mainstream U.S.-based companies such as Tesla. Current Bitcoin Performance Could Make Companies...
Mexico’s Third-Wealthiest Individual Adds Bitcoin to His Twitter Bio
15.2.2021
Just recently the Mexican billionaire, Ricardo Salinas Pliego, joined Elon Musk and a number of high-profile people, by adding the bitcoin hashtag to his Twitter bio. Salinas is one of Mexico’s wealthiest individuals with a fortune of around $13.2 billion and 10% of the entrepreneur’s...
PwC Chief: Mexican Companies Want to Follow Tesla into Bitcoin Investment
15.2.2021
Mexican companies are developing an interest in following the lead of companies north of the border – and could seek to emulate the bitcoin (BTC)-buying leads of United States-based companies like Tesla.
These were the conclusions of a report from El Economista, which quoted Mauricio Hurtado...
Economics Professor Tyler Cowen Says Cryptos Useful as Hedges or Forms of Payments – ‘Not Both’
4.1.2021
Tyler Cowen, an economist and professor at George Mason University, has suggested that the key use cases of cryptocurrencies are mutually exclusive. He argues that cryptos can either be important inflation hedging tools or useful forms of payment but not both. The Regulation Threat The professor...
Mexican exchange Bitso raises $62M to help fund international expansion
10.12.2020
The Latin American exchange has raised $62 million in a Series B funding round led by the investment funds Kaszek Ventures and QED Investors
Mexican authorities struggle to keep up as cartels embrace crypto
9.12.2020
The head of a major Mexcian financial intelligence unit has complained that local law enforcement has only a quarter of the staff it needs to respond to crypto laundering from cartels
Mexican Billionaire Ricardo Pliego Invests 10% of Liquid Portfolio in Bitcoin- Says the Crypto Shields Against Wealth Expropriation
19.11.2020
Mexico’s second-richest person Ricardo Salinas Pliego confirms that 10% of his liquid portfolio is invested in bitcoin. The billionaire says the top crypto protects the wealth of private citizens from getting expropriated. Pliego advises his followers that might want to follow his...
Mexican Billionaire and GOT Actress Buy Bitcoin – and Want the World to Know
18.11.2020
Ricardo Salinas Pliego. Source: a video screenshot, Youtube/Ricardo B. Salinas Pliego
2020 looks to have been one of the best years yet for bitcoin (BTC) – with prices booming and an increasing number of high-profile investors and celebrities looking to get onboard as publically as possible –...
Mexico’s Second Richest Man Reveals 10% of His Liquid Assets Are in Bitcoin
18.11.2020
Billionaire Ricardo Salinas Pliego just declared 10% of his liquid portfolio has been tied up in bitcoin
US Charges 6 With Laundering Mexican Drug Cartel Cash Using Crypto and Casinos
16.10.2020
The U.S. Department of Justice charged the six individuals for alleged involvement in laundering funds from Mexican drug cartels after an investigation spanning years
Mexican Companies Launch Crypto Donation Platform For People Impacted by COVID-19
16.5.2020
A Mexican crypto exchange partnered with a local crowdfunding platform to collect donations to help families affected by COVID-19
Coronavirus Forces Mexican Fintech Firms to Wait Longer for Licenses
8.4.2020
Almost 100 Mexican fintech companies will likely face a longer wait than expected after the nation’s top financial regulator announced a coronavirus pandemic-related slowdown in its operations.
Per media outlet El CEO, The National Banking and Securities Commission (CNBV) has extended certain...
Intermex Is Not Using Ripple for Its Mexican Remittances
22.3.2020
Intermex’s announcement directly contradicts the press release issued by Ripple announcing the partnership
Mexican Firm ups Crypto Bid for Presidential Plane + More News
29.1.2020
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Isatech, the tech firm and crypto exchange operator bidding to by the for-sale Mexican presidential plane, appears...
Mexican Firm Offers Crypto in Exchange for Presidential Plane
21.1.2020
The state-owned Boeing 787 for sale. Source: a video screenshot, Youtube, Mexicoaeroespacial
A crypto exchange operator in Monterrey, Mexico, has launched an audacious crypto-powered bid to buy the country’s presidential aircraft for USD 138 million worth of tokens and a large swathe of land.
The...
Brazilian, Mexican Regulators on the Warpath for Crypto Businesses
11.9.2019
Cryptocurrency may be booming in Latin America, but exchanges and brokers run the risk of falling afoul of regulators – with government agencies in Brazil and Mexico looking to crack down on non-compliant platforms and brokerages.
The Securities and Exchange Commission of Brazil, known locally...
Mexican Crypto Exchange Makes 11th-hour Bid to Halt Regulations
12.6.2019
One of Mexico’s largest cryptocurrency exchanges, Bitso, has made a last-minute plea to stop the central bank imposing tough new fintech regulations, urging it to go with "international"-style guidelines instead.
As previously reported onCryptonews.com, Mexico’s central bank (known as Banxico)...
Mexican Greets Migrants through Its Southern Border with Armed Forces
6.6.2019
While the United States authorities might be railing about the flow of migrants from Mexico, it is imperative to know that the country itself has been suffering from illegal immigration for quite a few years. Over the years, plenty of illegal immigrants have tried to get into the country...