Mexico


Markets

Bitcoin Drops 8% to $93K as Asia Awakens to Trump's Trade War

As Asia begins its trading day, BTC's weakness likely reflects fears that a trade war could freeze global growth

BTC sends risk-off cues to tradfi over the weekend. (ValdasMiskinis/Pixabay)

Finance

How a $115M Crypto Fund With Big Ambitions Plans to Invest In Latin America

Hyla Fund Management is starting a new LatAm crypto funds and wants to become the "Goldman Sachs for digital assets."

Paola Origel, the CEO and co-founder of Hyla Fund Management. (Credit: Hyla Fund)

Markets

Bitcoin Rises Nearly 10% Against Mexican Peso as 'Trump Trade' Soars; Gold Stays Flat

Trump has vowed to impose sweeping tariffs on Mexico and other trading partners.

Donald Trump's remarks at BTC 2024 have inspired Forida's chief financial official to put pension money into bitcoin. (Danny Nelson/CoinDesk)

Finance

Circle's USDC in Brazil and Mexico Now Available to Businesses Via Banking System

Previously, the stablecoin could only be purchased through crypto exchanges.

(Sandali Handagama/ CoinDesk)

Policy

Mexican Cartels Using BTC, ETH, USDT, Other Tokens to Buy Fentanyl Ingredients: U.S.

The financial-crimes arm of the U.S. Treasury Department has flagged the increased use of several crypto assets to support Mexican drug trafficking

U.S. authorities have warned about Mexican cartels using crypto to buy precursors to make fentanyl. (Jesse Hamilton/CoinDesk)

Policy

Mexico's Crypto Stance Unlikely to Change as Ruling Morena Party's Claudia Sheinbaum Elected President

Sheinbaum is from the same party as President Andres Manuel Lopez Obrador, who could not run again under the constitution.

Mexican President Claudia Sheinbaum (Hector Vivas/Getty Images)

Policy

In Mexico’s Biggest Election Yet, Crypto Remains on the Sidelines

The favorite to win, Mexico City’s former Mayor Claudia Sheinbaum, is expected to remain aligned with her party’s previous position on crypto, one that focuses more on protecting customers than any explicit legislation.

Mexico City (Robbie Herrera/Unsplash)

Markets

Blockchain Startup Etherfuse Rolls Out Tokenized Bonds in Mexico Targeting Retail Investors

The company is targeting the second-largest and most liquid bond market in LatAm.

Mexico flag (Unsplash)

Policy

Crypto’s ‘Illusory Appeal’ Should Be Met by Regulation, Not Bans, BIS Study Says

Bitcoin ETFs could boost adoption because digital assets offer an escape route for state-imposed capital controls, a grouping of central bankers from the Americas said.

Central banks from Mexico and Colombia studied crypto's role in the developing world (Flickr)

Videos

Strike Expands Lightning-Powered Cross-Border Payments to Mexico

Digital payments firm Strike is expanding its Lightning Network-based cross-border payments service to Mexico, the largest market for remittances from the U.S., which accounts for around 95% of total remittances received by Mexicans from abroad, according to the company. "The Hash" panel weighs in on the firm's expansion into Mexico.

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