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Banxico Bans Banks from Using Customers’ Money to Finance Crypto
By Tomás Lujambio - Thu, 06/15/2023 - 16:55
Banxico announced a cautious approach toward cryptocurrencies, prohibiting banks from financing leveraged positions in virtual assets.
https://mexicobusiness.news/tag/financial-regulations
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Crypto Money Laundering, War Affect Mexican Economy
By Emilio Aristegui - Wed, 03/16/2022 - 16:23
Manufacturing and logistic chains are at risk from the Russia-Ukraine war, Meanwhile, cartels use cryptocurrencies to launder money.
Money Laundering Using Crypto Exceeds Mexico City Budget
By Miriam Bello - Wed, 03/16/2022 - 10:20
Drug cartels in Mexico have used cryptocurrencies to launder more than Mexico City’s entire expenditure budget.