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Bitcoin to be legalized in Mexico

Bitcoin to be legalized in Mexico

A bill recognizing bitcoin as a digital asset is drafted in Mexico, reports

The Minister of Finance, who presented the document to the public, said that the adoption of bitcoin should boost the economy and attract foreign investment.

The bill is a part of the policy initiated by the president concerning the use of innovations in the financial sphere.

The Central Bank will have to decide which cryptocurrencies comply with the definition of a digital asset. However, it is already known for certain that Bitcoin and Ethreum will be considered as such, commented Sebastian Acosta Checa, the Founder of the ISBIT cryptocurrency exchange.

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