Mexico’s finance minister Arturo Herrera has said cryptocurrencies aren’t legal tender assets and banks aren’t authorized to deal with them “in order to maintain a healthy distance between these and the financial system.”
During a presentation to the Financial Action Task Force, Herrera said those bans are unlikely to be lifted in the short term. A four-page communiqué detailing the government’s position on cryptocurrencies is set to soon be published.
Herrera’s words came shortly after billionaire Ricardo Salinas Pliego said he was working to make Banco Azteca the first bank in Mexico to accept bitcoin. Pliego is chairman of Grupo Salinas, the bank’s parent company.
The central bank of Mexico, the finance secretary and the National Banking and Securities Commission also issued a joint statement specifying cryptocurrencies are neither legal tender assets nor currencies in the current legal framework.
Source: https://www.cryptocompare.com/email-updates/daily/2021/jun/29/
