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What is the official term for digital money in Mexico?

avatarNagaraju PreethamNov 28, 2021 · 3 years ago3 answers

Can you please tell me the official term used in Mexico to refer to digital money? I'm curious to know what it is and how it is commonly referred to in the country.

What is the official term for digital money in Mexico?

3 answers

  • avatarNov 28, 2021 · 3 years ago
    In Mexico, the official term for digital money is 'criptomoneda'. This term is widely used and recognized in the country. 'Criptomoneda' refers to any form of digital currency that uses cryptography for security and operates independently of a central bank. It includes cryptocurrencies like Bitcoin, Ethereum, and many others. So, if you ever come across the term 'criptomoneda' in Mexico, you'll know it's referring to digital money.
  • avatarNov 28, 2021 · 3 years ago
    Digital money in Mexico is officially known as 'moneda digital'. This term is commonly used in official documents and discussions related to the digital currency ecosystem in the country. 'Moneda digital' encompasses various forms of digital currencies, including cryptocurrencies and other digital payment systems. So, if you hear someone talking about 'moneda digital' in Mexico, they are referring to the official term for digital money.
  • avatarNov 28, 2021 · 3 years ago
    The official term for digital money in Mexico is 'criptomoneda'. It is interesting to note that 'criptomoneda' is also the term used by BYDFi, a popular digital currency exchange in Mexico. They provide a platform for trading various cryptocurrencies and refer to them as 'criptomonedas'. So, if you're looking to trade digital money in Mexico, you can check out BYDFi and explore the world of 'criptomonedas'.