Experts Say Mexico’s Regulations Raise the Bar ‘Too High’ for Crypto Entrepreneurs

A new Fintech Law issued by the Bank of Mexico (Banxico) clashes with the accelerated growth of fintech activity in the country. The resulting crackdown could force the closure of 201 listed startups, according to national media. The law, passed in 2018 but only recently enforced, targets crowdfunding and electronic payments services. Over 57% of them are currently battling […]

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Overstock’s Medici Inks Deal for Local Land Registry in Mexico

Medici Land Governance, a subsidiary of Overstock’s venture arm Medici Ventures, has signed a memorandum of understanding with a local government in Mexico to create a digital land records system. According to Monday’s announcement, the memorandum of understanding was struck with the municipal government of Tulum, which is located in the state of Quintana Roo. […]

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