Mexico confirms plans to roll out CBDCs in 2024

New technologies and a next-generation payment infrastructure would help Mexico become more financially inclusive.

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Short-term Holders’ Bitcoin Stake Drops as Price Falls Below $50k; Stock Market Rallies to New Highs

Meanwhile, Mexico's third-richest billionaire continues to encourage his followers to invest in bitcoin and avoid fiat while the vice chairman of Alibaba Group announces, “I like crypto.” The post Short-term Holders’ Bitcoin Stake Drops as Price Falls Below k; Stock Market Rallies to New Highs first appeared on BitcoinExchangeGuide.

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Mexican billionaire says ‘buy Bitcoin’ in New Year message

Life advice from Mexico’s third-richest person: “Don’t be jealous, believe in yourself and buy Bitcoin.”

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Startup Criticized for Bitcoin Mine in Impoverished Navajo Community

A Canadian crypto company is being criticized for opening a bitcoin mine in an impoverished Navajo Nation.   The mine is situated on land owned by the Navajo outside of Shiprock, New Mexico, according to Vice.

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TARTLE Launches Data Marketplace to Empower Individuals, Nonprofits, and Charities

The New Mexico startup TARTLE announced their commitment to becoming the first fully transparent big data marketplace platform. The TARTLE marketplace pioneers a new method of data...

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Mexico’s 3rd Richest Man Bashes Fiat as “Fraud,” says Bitcoin Should be in Every Investor’s Portfolio

Ricardo Salinas Pliego says he is working on making his bank the first in Mexico to accept Bitcoin, which he called “the new gold.” The post Mexico’s 3rd Richest Man Bashes Fiat as “Fraud,” says Bitcoin Should be in Every Investor’s Portfolio first appeared on BitcoinExchangeGuide.

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'Absolutely right' to think of Bitcoin as the new gold — Mexico's 3rd richest man

Ricardo Salinas Pliego doubles down on BTC yet again as gold and the U.S. dollar come in for serious criticism.

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Amazon Is Working on Digital Currency Solutions— Pilot Project Set to Launch in Mexico

The e-commerce giant is preparing to explore the crypto business, as a recent job listing suggests. Amazon is looking to launch a pilot project in Mexico that seeks to build a team that develops new solutions based on “digital currencies.

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Online Shopping Giant, Amazon, is Creating a Digital Currency for Prime Members in Mexico

Amazon's new product will enable customers to convert their cash into digital currency, which then will be used to enjoy online services. The post Online Shopping Giant, Amazon, is Creating a Digital Currency for Prime Members in Mexico first appeared on BitcoinExchangeGuide.

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Amazon job postings hint at digital payments project to launch in Mexico

Amazon has been silently working on a new digital currency project in Mexico, according to the company’s job postings.

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A New Attempt to Tokenize Real Estate Projects in Mexico and Canada

Digital transfer agent Vertalo has partnered with real estate platform MountX to tokenize more than 15 digital real estate projects in Mexico and Canada.

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Banks in Mexico Pose Greater Money Laundering Risk Than Crypto Firms, Says Report

Commercial banks by far pose the greatest risk of money laundering in Mexico compared to crypto-related companies, according to a new report by the country’s Financial Intelligence Unit (FIU).

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Report indicates banks launder more money than Bitcoin and other cryptos

A new report out of Mexico noted that financial institutions and banks launder a huge amount of money compared to newer financial businesses, according to El Economista. The post Report indicates banks launder more money than Bitcoin and other cryptos appeared first on CryptoSlate.

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The Onecoin Debacle: Indictments Unsealed, 2 Dead in Mexico, Story Gets ‘Darker’

The Onecoin fiasco is still making headlines these days as a number of alleged money laundering companies were exposed on July 25, two Onecoin leaders were recently killed in Mexico, and the British author Jamie Bartlett revealed a new “Missing Cryptoqueen” episode is coming soon.

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Cryptojacking and Ransomware Cases Grow in Mexico

Mexican media report on a new study that reveals a lack of trust from locals towards public cloud network security as cryptojacking cases rise.

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P2P Bitcoin Volume Skyrockets – India Takes Lead

Bitcoin peer-to-peer (P2P) trading has hit new all-time highs in 6 countries this week, with India taking the lead. The top countries are India with $3. 4 million, Ghana with $1. 7 million, the Philippines, and Argentina with $1 million each, Mexico with $700,000 and Egypt with $150,000.

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Binance Seeks to Beat LocalBitcoins in Latin America

Binance, the most prominent crypto exchange in the world in the cryptocurrency market, has just added to its new p2p trading platform, the fiat currencies of the countries with the most influential economies in all Latin America: Mexico, Brazil, Argentina, Colombia, and  Peru.

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Ripple and Intermex Partnership Targets Cross-border Payments Between U.S. and Mexico

Coinspeaker Ripple and Intermex Partnership Targets Cross-border Payments Between U. S. and MexicoRipple has entered in a new partnership. Together with International Money Express, Inc.

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XRP's Liquidity Index Smashes Previous All-Time High on Bitso

The XRP liquidity index sets yet another all-time high on Bitso, the largest cryptocurrency exchange in Mexico, right on the brink of the new year

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Santander’s Ripple-Powered One Pay Fx To Be Launched In The US, Offering Remittances To Mexico

Ripple partner Banco Santander is all set to launch its blockchain-based payment solution to a new corridor, U.S.-Mexico. While speaking with Bloomberg on Nov. 20, Banco Santander SA Chairman Ana Botin shared that the announcement for the same will be made next week as she said, “We are actually announcing next week a very interesting […]

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Gathering Solar Energy in Space is the Next Frontier

Gathering solar energy down here on earth is a difficult process. Despite technological improvements, a more streamlined solution needs to be developed.   Beaming solar energy down from space has suddenly become a hot topic.

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MoneyGram Wants Ripple to Expand its Payment Corridors More Quickly

Numerous remittance providers are experimenting with new technologies and payment corridors. This is part of the reason why Ripple and XRP have become so successful in recent years. MoneyGram, Ripple’s “biggest” partner in this venture, is now looking to leverage the company’s On-Demand Liquidity in the Philippines and Mexico.

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Ripple’s xRapid highlights probable active corridor in the Philippines after Mexico

XRP has been widely used by major financial institutions for cross-border transfers using Ripple’s technologies, like the xRapid. Ripple’s recent partnership with Moneygram was followed by an active corridor of XRP/MXN, as its volume spiked by 25% on Bitso exchange.

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The Los Alamos nuclear weapons lab just bought a 5,000-qubit quantum computer

D-Wave today announced its next generation “Advantage” quantum computer system. It’ll pack a whopping 5,000 qubits and myriad improvements to processing speed and power. And the Los Alamos National Laboratory in New Mexico will be among the first to have access.

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MoneyGram Making XRP A Hit in Mexico, Reveals Ripple’s Global Institutional Markets Head

XRP market in Mexico is growing, reveals the latest data shared by Breanne Madigan, the head of Global Institutional Markets at Ripple and former Goldman Sachs executive. Madigan took to Twitter to share “new and notable” data about XRP volume.

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Mexico’s New Crypto Regulations are Making it Tough for Blockchain Entrepreneurs to Survive

According to a report released a Mexican media outlet recently, a new fintech law brought into effect by the Bank of Mexico (Banxico) could force a total of 201 blockchain related startups to cease their ongoing operations permanently.

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New Bank Of Mexico FinTech Law May Stifle Crypto Startups

The Bank of Mexico's newly enforced FinTech law targets crowdfunding and electronic payments services, requiring businesses to have a minimum annual profit of $100,000 and asking for up to $35,000 in compliance fees.

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Experts Say Mexico’s Regulations Raise the Bar ‘Too High’ for Crypto Entrepreneurs

New laws are strangling crypto startups before they can begin to trade.

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Coinbase Competition Grows as Veteran CEX.io Launches US Office

Users of long-time Coinbase competitor CEX. io will have gotten an e-mail today informing them of the exchange’s decision to open a U. S. entity. It’s official!https://t. co/OPoleqNuJO has received a Money Transmitter License in 9 more states: Iowa, Kansas, New Mexico, Oklahoma, South Dakota, West Virginia, Maryland, Alaska, and New Hampshire.

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Major Latin American Facebook Rival ‘Taringa!’ Makes a Splash in Crypto

Major Latin American social network Taringa! revealed the launch of a new crypto-centered community in an attempt to reinvent itself after 15 years of setting trends in the Hispanic market. The announcement came this week at Blockchain Summit Latam, held in Mexico City, and previews a holistic change of philosophy in which decentralized technologies will […] The post Major Latin American Facebook Rival ‘Taringa!’ Makes a Splash in Crypto appeared first on CCN Markets

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Crypto exchange CEX.IO expands service to 9 US states

CEX.IO, a cryptocurrency exchange headquartered in the UK, announced today it has expanded service within the United States. The CEX.IO team has advised that it has now received a Money Transmitter Licenses (MTL) in nine US states, including: Iowa, Kansas, New Mexico, Oklahoma, South Dakota, West Virginia, Maryland, Alaska, and New Hampshire. Having received a […]

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New Shafts Will Raise Value of Assets Behind Maya Preferred 223 to $34,000 Per Coin

Coinspeaker New Shafts Will Raise Value of Assets Behind Maya Preferred 223 to $34,000 Per CoinMaya Preferred 223 (MAPR), a stablecoin backed with gold and silver mines located in Mexico, has announced a reconsolidation of the assets behind the coin.

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Ripple Executive: Mexico, Philippines Lead the Way for Demand in Cross-Border Remittances

Ripple, the creator of the RippleNet and the XRP tokens (which are currently the 3rd largest cryptocurrency by market cap) are always on the lookout for new clients and partnerships. Because of this, the company has recently announced a new partnership with a company called MoneyGram.

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JPMorgan: It’s Too Soon to Trust Stock Market Rally amid Bearish Trend

By CCN Markets: With reports indicating that the new trade deal with Mexico secured by the U. S. has some specifications that are not fully agreed upon by both countries, the prospect of the U. S.

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Mexico Is Getting Eight New Cryptocurrency Exchanges

Fintech firm Amero-Isatek will offer cash-to-crypto exchanges in eight Mexican states

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Why Are Bitcoin and Avocado Prices Eerily Mirroring Each Other?

We’ve seen the correlation between avocado and bitcoin prices before. So do Trump’s new measures against Mexico indicate a ‘buy’ signal? Looking at Bitcoin/Avocado demographics, millennials may indeed be the key ingredient.

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Stock Market Reels as Trump Doubles Down on Mexico Threats

By CCN: The stock market is continuing to plunge. That’s because of the U. S. ’ whipsaw approach to trade negotiations. Just yesterday, Vice President Pence visited Canada to promote the new USMCA trade deal which is set to replace NAFTA.

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Dow Futures Slip 220 Points as Trump Flexes Muscle with Mexico Tariffs

By CCN: Dow Futures slipped 220 points late Thursday after Donald Trump threatened to levy 5% tariffs on all imports from Mexico by June 10. The tariffs will rise in gradual increments to 25% by October 2019.

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Ripio Is Launching a Crypto Exchange for 3 Latin American Nations

Ripio, a startup working to boost crypto adoption in Argentina, is widening its scope with a new exchange serving Argentina, Mexico and Brazil.

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Coinbase Expands Services to 11 New Countries Including India, Mexico, and South Korea

In a bid to boost the adoption of cryptocurrencies, Coinbase announced on April 17, 2019, that they have expanded their business operations to 11 more countries. More People, More Places There have been a lot of new changes at Coinbase.

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Coinbase Provides Wider Support for Crypto-to-Crypto Conversions

Crypto exchange platform Coinbase has announced that it will be expanding its crypto-to-crypto trading service to more countries. In the announcement, Coinbase explains that cryptocurrencies are in a transition period, which will see them move from being investment options to utilities.

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Coinbase expands cryptocurrency trading services across 11 new markets

Coinbase, one of the longest serving exchanges in the cryptocurrency ecosystem, is expanding its services across Latin America and Southeast Asia. As a result of the expansion, cryptocurrency enthusiasts in Argentina, Mexico, Peru, Colombia, Chile, India, Hong Kong, South Korea, Indonesia, the Philippines, and New Zealand will now be able to access the company’s crypto-to-crypto trading services.

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Mexico Sets New Bitcoin Volume Record After Trump’s Remittance Threat

Bitcoin price remaining above $5000 resulted in new trading highs for several countries worldwide last week, the latest data shows. Mexico, Venezuela Post Record Localbitcoins Volumes According to monitoring resource Coin Dance, which tracks trading volumes on peer-to-peer exchange platforms Localbitcoins, Paxful and Bisq, certain markets continued to see spikes in Bitcoin activity.

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Domi ICO

Domitai is a Cryptocurrency Exchange in Mexico, a trading platform for digital and traditional currencies between users. Our mission is to change the way commerce and financing is done in Mexico, and work to become one of the top financial institutions in Latam and Worldwide.

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Bitcoin at $5,000: What Has Changed Since 2017

This article was originally published by 8btc and written by Olusegun Ogundeji. Bitcoin has crossed the $5,000 price range again (after its first reach to that level in 2017) following a sudden breakout on April 2, 2019.

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Mexico’s New Fintech Law – Can It Help the Country Succeed Where Others Have Faltered Thus Far?

On March 23, 2017, a new law was drafted in Mexico pertaining to financial technology. Inside the bill lawmakers propose for the first time a regulatory framework for the administration, operation, and implementation of companies who wish to offer citizens access to an alternative form of investment and finance.

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Mexico’s Proposed Crypto Laws Create New Barriers For Exchanges, Adoption

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AOC Effect: 70% Complain That Rich Don’t Pay Fair Share

Progressive rising star Alexandria Ocasio-Cortez isn’t alone in her belief that the rich don’t pay their fair share, as a new OECD report has established that nearly 70% of people living in developed countries support hiking taxes on the wealthy to reduce income inequality.

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Central Bank of Mexico’s new Guidelines Will not Result in a Crypto ban

The cryptocurrency world has seen its fair share of controversy, fake news, and rumors. It now seems another rumor is spreading, although it seems unlikely to have any major impact. A new set of cryptocurrency-oriented guidelines has been announced in Mexico, which leads many people to believe crypto will be banned.

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