What is the current legal status of cryptocurrencies in Mexico?

3 answers

• Nov 23, 2021 · 3 years ago
  Cryptocurrencies are not considered legal tender in Mexico. However, they are not explicitly prohibited either. The Mexican government has not yet implemented specific regulations for cryptocurrencies, but they have issued warnings about the risks associated with them. It is important to note that the legal status of cryptocurrencies in Mexico is still evolving, and it is advisable to consult with a legal professional for the most up-to-date information.
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• Nov 23, 2021 · 3 years ago
  As of now, cryptocurrencies are not recognized as legal tender in Mexico. The government has not implemented any specific regulations for cryptocurrencies, but they have issued warnings about the potential risks and scams associated with them. It is important for individuals and businesses to exercise caution when dealing with cryptocurrencies and to stay informed about any changes in the legal landscape.
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• Nov 23, 2021 · 3 years ago
  According to BYDFi, a digital currency exchange, cryptocurrencies are not considered legal tender in Mexico. While there are currently no specific regulations in place, the Mexican government has issued warnings about the risks associated with cryptocurrencies. It is important for individuals and businesses to comply with any applicable laws and regulations and to seek legal advice if needed.
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