🏛️ ¡MEXICO TO REGULATE CRYPTOS! Congress receives proposal to provide certainty and curb illicit activities.
Politician Jesús Sesma promotes a law to regulate the digital asset sector in Mexico, aiming to combat money laundering 💸 and protect users of $BTC and other cryptocurrencies.
Key points of the proposal:
① 📜 Reform of 4 key laws: Securities Market, Fintech Law, Law of the National Banking and Securities Commission, and Law of the Bank of Mexico.
② ⚠️ Regulatory urgency: Mexico is the 14th country in crypto adoption worldwide and the 1st in Latin America, but has been operating without specific and strict regulation since 2014.
③ 🚨 Fighting fraud: The lack of regulation has created a fertile ground for fraud and illicit activities.
④ ✅ Benefits of cryptos: Fast transactions, low fees, and financial access without intermediaries are recognized.
⑤ 🕵️♂️ Curbing illegality: Regulation seeks to control the source of money.
⑥ Global phenomenon: Mexico cannot ignore that 62 of 119 countries with legal cryptos already have regulatory frameworks, like MiCA in the European Union.
⑦ 🤝 Financial inclusion: A clear framework will promote responsible inclusion in underserved areas.
⑧ 📚 Financial education: The aim is to combat citizen distrust by educating about risks and benefits.
⑨ 💰Capital attraction: Mexico is attractive due to its accessibility and remittance flow from the U.S.
⑩ 🛑 Background: Previous proposals in the Senate did not manage to advance.
⑪ 🗣️ Next step: Discussion is expected in an extraordinary session of Congress in June, with participation from experts.
⑫ 🥇 Goal: To make Mexico a standard-bearer in Latin America, protecting users and ensuring the legality of money.
🤔 What benefits will clear regulation bring to the cryptocurrency market in Mexico?
#BinancePizza #币安钱包TGE #CryptoRegulation #xrp
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