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,… Source link
Read More »Infrastructure package without climate initiatives ‘would be a hard sell’ : New Mexico Senator
As lawmakers offer dueling infrastructure proposals in an effort to get a bipartisan bill across the finish line, New Mexico Senator Martin Heinrich (D) is looking to a different option: pushing forward with the president’s climate priorities, through budget reconciliation. In an interview with Yahoo Finance Live, Heinrich said the infrastructure package and climate initiatives will likely “move in parallel” given the lack of Republican support for a broader $2 trillion proposal, focused… Source link
Read More »Mexico to play World Cup qualifiers without fans due to homophobic chant
Mexico fans during a friendly against Honduras on June 12th in Atlanta. (Photo by Rich von Biberstein/Icon Sportswire via Getty Images) Mexico’s men’s national soccer team must play its first two home 2022 World Cup qualifiers in empty stadiums as punishment for some of its fans’ insistence on yelling a homophobic slur during matches. The “p***” chant has plagued Mexican soccer for years. Officials refused to reckon with it until recently. The Mexican soccer federation (FMF) promised to crack… Source link
Read More »In Mexico, cartels are hunting down police at their homes
MEXICO CITY (AP) — The notoriously violent Jalisco cartel has responded to Mexico’s “hugs, not bullets” policy with a policy of its own: The cartel kidnapped several members of an elite police force in the state of Guanajuato, tortured them to obtain names and addresses of fellow officers and is now hunting down and killing police at their homes, on their days off, in front of their families. It is a type of direct attack on officers seldom seen outside of the most gang-plagued… Source link
Read More »Mexico reports 7,615 new cases of coronavirus, marking record
MEXICO CITY (Reuters) – Mexico’s Health Ministry on Saturday posted a record for new coronavirus cases reported on a single day, with 7,615 more confirmed cases, bringing its overall tally of infections to 338,913, health ministry data showed. The ministry also reported 578 additional fatalities, bringing the total in the country to 38,888 deaths. The government has said the real number of infected people is likely significantly higher than the confirmed cases. Speaking to a news conference,… Source link
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