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Mexico
Strike Expands Lightning-Powered Cross-Border Payments to Mexico
The company says Mexico is the largest market for remittances from the U.S.

Latin American Crypto Exchange Bitso and Mastercard Launch Debit Card in Mexico
Mastercard’s portfolio of crypto partnerships in Latin America also includes Binance, Belo and Buenbit.

Binance Adds Former Mexican Securities Commission President to New Global Advisory Board
Adalberto Palma Gómez, who led the CNBV between December 2018 and March 2020, joined former Brazilian Central Bank President Minister Henrique Meirelles as an adviser to the crypto exchange.

Brazilian Crypto Exchange Mercado Bitcoin to Launch Operations in Mexico This Year: Report
The company’s parent, 2TM, raised $200 million from SoftBank one year ago with an eye towards expanding across Latin America.

Bitso Processed $1B in Crypto Remittances Between Mexico and the US so far in 2022
The company hopes to capture 10% of global money transfers to the Latin American country by 2023, up from 4% earlier this year.

Tether Enters Latin America With Mexican Peso-Pegged Stablecoin
The country’s multibillion-dollar remittances business and difficulties in transferring money create a “unique opportunity," the company said.

Mexican Remittances Are the Continent’s Largest; Crypto Companies Want a Cut
Bitso, Coinbase and Circle have launched new services tapping into the steady money flow between Mexico and the United States, and taking on established players like Western Union. This piece is part of CoinDesk's Payments Week.

Could Bitcoin Become Legal Tender in Mexico?
Mexican senator Indira Kempis recently introduced a bill proposing that bitcoin become legal tender in the country. Felipe Vallejo, chief regulatory officer at Mexico-based crypto exchange Bitso, the first crypto unicorn in Latin America, joins "Community Crypto" to weigh in on whether that prospect could become reality by following El Salvador's example.

Latin American Delivery Unicorn Rappi Launches Crypto Payments Pilot
The Colombia-based company has partnered with BitPay and Bitso to convert crypto into credits for purchases within its platform.

Oxio Raises $40M to Bring Tokenized Telco Model to US and Brazil
The company's white label product allows any brand to serve as a mobile operator. It’s already working with Grupo Bimbo and other big brands in Mexico.
