Tag Archives: Mexico

TL;DR Binance updates its platform to include additional trading options for Mexican users. The move coincides with a rising adoption in the region and could drag even more people into the world of crypto. The world’s largest cryptocurrency exchange continues to update its platform to improve users’ experience and respond to the latest trends. Most recently, it disclosed that it will open trading and enable Spot Algo Orders Trading Bots services for the USDT/MXN pair. The...

Elliptic, a leading blockchain analytics firm, has uncovered a network of 100 individual suppliers facilitating the illicit fentanyl trade by smuggling the precursor chemicals needed to synthesize fentanyl. The criminals have also been using cryptocurrency, specifically Bitcoin, Ethereum, Tron, and Monero, to make payments, facilitating the transfer of funds from buyers to suppliers, with the final destination being Mexico. Elliptic Uncovers Illegal Fentanyl Network In the...

Bitcoin ATM provider Chain Bytes has set up a new machine in the Mexican Senate building. The company is working with bitcoin ATM manufacturer Axolotl Bitcoin to establish the machine’s presence and lead the efforts of Mexican Senator Indira Kempis as a means of establishing bitcoin as official legal tender within the country’s borders. Chain Bytes Establishes Bitcoin ATM for Mexican Lawmakers Eric Grill – the CEO of Chain Bytes – explained in a recent interview: We are...

Ein grosser Erfolg für die Bitcoin-Enthusiasten: Im Parlament von Mexico steht neu eine Bitcoin-ATM. Laut Daten von Coin ATM Radar standen in dem Land bereits 13 solche Automaten in Mexiko-Stadt, Tijuana, Cancún, Guadalajara, Culiacán, San Miguel de Cozumel und Aguascalientes. Während Länder wie El Salvador und Panamá den Bitcoin als Zahlungsmittel längst schon gesetzlich legitimiert haben, hinkt das zentralamerikanische Land Mexiko immer noch ein...

Grupo Elektra – a company headquartered in Mexico – has announced that it will begin accepting bitcoin as a form of payment. Users can now make purchases with the world’s number one digital currency by market cap, bringing the asset closer to its initial goal. Grupo Elektra Is Willing to Take a Chance on BTC The news is big in that bitcoin and many other forms of crypto were initially designed to serve as payment methods. They were built to push things like checks,...

Not long ago, a billionaire in Mexico named Ricardo Salinas Pliego stated that he was working with his bank (known as Banco Azteca) to ensure customers could gain access to crypto and blockchain services. While Pliego is excited about the prospects of digital currency, his country is not as enthusiastic. Mexico Will Not Permit Banks to Enter the BTC Forum On social media, Pliego stated the following: Bitcoin is a good way to diversify your investment portfolio and I...

Bitso – a cryptocurrency exchange backed by Ripple – has completed a funding round that saw more than $62 million raised for the trading platform. The round was led by some of the largest venture capital firms out there including QED Investors and Kaszek Ventures.Bitso Is Bigger Than EverBitso is based in Mexico, and the company has announced that it plans to use the money it’s earned to expand its horizons across all Latin America, which is becoming a heavy hub for crypto activity in recent...

Pemex is required to pay the Bitcoin ransom within two weeks or face paying double after. About 5% of the computers have been affected by the DoppelPaymer software. The oil giant’s billing systems are the most impacted and could lead to delays in paying salaries. The hackers who hit Mexico’s state oil giant Pemex earlier this week with ransomware are demanding hundreds of Bitcoin in order to provide the decryption software. According to Bleeping Computer, the ransomware used to target the...

Ripple (XRP) soll künftig als Brückenwährung für günstige und sehr schnelle grenzüberschreitende finanzielle Transaktionen eingesetzt werden, kündigten Ripple und MoneyGram an. Die Zusammenarbeit wurde in einer nun erfolgreich beendeten Pilotphase getestet. Und seit gut einer Woche sorgt ein ominöser Ripple-Werbefilm für Aufsehen. MoneyGram: Zusammenarbeit soll ausgebaut werden Im dritten Quartal 2019...