Elektra Group President Ricardo Salinas Hints at Inclusion of Lightning Network Payments in Mexico

elektraRicardo Salinas, president of Elektra Group, one of the biggest retail franchises in Mexico, hinted at the possibility of integrating payments using Bitcoin’s second layer solution, the Lightning Network. Salinas made the announcement yesterday via Twitter. This would allow residents of the country to pay for appliances in-store, directly with cryptocurrency. Elektra Group Might Accept […]

Mexican Regulator: 12 Cryptocurrency Exchanges Are Operating Illegally

mexicanSantiago Nieto Castillo, leader of the UIF, the Mexican financial regulator, has issued an alert that 12 cryptocurrency exchanges are operating illegally in the country. The regulator is now producing the necessary data for Mexican authorities to act against these exchanges. The institution receives information from 23 registered cryptocurrency exchanges reporting users’ transactions. Mexican Regulator […]

Mexico’s Finance Minister: Cryptocurrencies Are Prohibited From Being Used in Financial System

Mexico's Finance Minister: Cryptocurrencies Are Prohibited From Being Used in Financial SystemMexico’s central bank, finance ministry, and banking regulator have jointly issued a warning about cryptocurrency. Finance Minister Arturo Herrera emphasized that cryptocurrencies are prohibited from being used in Mexico’s financial system. The central bank of Mexico, the finance secretary, and the National Banking and Securities Commission (CNBV) said in a joint statement Monday that crypto […]