[2017-09-20] DCEBrief - Mexico Will Introduce Bill to Regulate FinTech

[Chase]

Mexico Will Introduce Bill to Regulate FinTech

According to a report from Reuters, Mexican officials have drafted a legislative proposal that would regulate the country’s FinTech industry. President Enrique Pena Nieto has said that the proposed bill will be introduced in the Mexican Senate by September 20. The draft language recognizes the important contribution that the financial technology sector makes to the nation’s economy, and stresses the need for regulatory action...

https://dcebrief.com/mexico-will-introduce-bill-to-regulate-fintech/

[iamTom123]

Is this bill also including the regulatory framework for cryptocurrency especially Bitcoin? Now, we are wishing that Mexico can also be the hub for Bitcoin in that side of the world. In 2018, we might be seeing more and more countries adopt regulations for Bitcoin and cryptocurrency so that their citizens can participate in one of the most important revolution in this decade. Mexico has one of the best economy in the region and the market can be good in there...though we are also hoping that the drug cartel will not be using Bitcoin for their operations because this can be an added black-eye for cryptocurrency.