Billionaire Salinas Says He’s Working for His Bank to Be First in Mexico to Take Bitcoin

Reuters

Mexico says cryptocurrencies are not money, warns of risks

MEXICO CITY (Reuters) -Mexican financial authorities on Monday said that crypto assets are not legal tender in Mexico and are not considered currencies under current laws, warning that financial institutions that operate with them are subject to sanctions. The joint statement by the Bank of Mexico, finance ministry and banking regulator comes after Mexican billionaire Ricardo Salinas Pliego on Sunday said his banking business,…


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