You should know that on March 1, 2018, the Mexican Congress approved the Financial Technology Law, or FINTECH LAW.
In short, this law was created with the purpose of offering certainty and legal security to the users that are within the financial system in Mexico. This law covers very important points, such as collective financing, electronic payments and operations with virtual assets.
Therefore, this is proof that the Mexican government and its government institutions are creating this type of laws and regulations in order to provide security to those who make transactions with virtual assets. It is also an indicator that traditional banks are suffering and are worried.
Mexico is making progress in the crypto world. So, what do you think of México?
Here is the link to see the bill: http://www.senado.gob.mx/sgsp/gaceta/63/3/2017-10-12-1/assets/documentos/Iniciativa_Ejecitvo_Federal.pdf
Mexican Power.
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