Tommaso
Sat Jun 08 2024
|
6 answers
1480
Is blockchain in Mexico?｜The last regulatory reform on this matter took place on June 7, 2023, when the National Procedures Code was published and, for the first time in Mexico, terms such as “Blockchain” and “Metaverse” were defined at a regulatory level, expressly recognising the evidential value of information, electronic documents or data ...
Is blockchain technology currently operational in Mexico? It's intriguing to learn that the National Procedures Code, published on June 7, 2023, marked a significant milestone in Mexico's regulatory framework. For the first time, terms like "Blockchain" and "Metaverse" have been officially defined. This recognition of the evidentiary value of information, electronic documents, and data stored on blockchain is particularly noteworthy. However, does this regulatory reform actually mean that blockchain is being actively used in Mexico? What are the specific applications or use cases? Could you elaborate on the current status of blockchain in Mexico?
Daniele
Sat Jun 08 2024
|
7 answers
2161
Is Mexico crypto-friendly?｜. In Mexico, crypto tax applies to the net profit from crypto sales or exchanges.Mexico acknowledges and accepts crypto for payments and value transfer but not as legal currency
Is Mexico crypto-friendly? The nation's stance on cryptocurrencies seems to hover between acceptance and regulation. On one hand, Mexico recognizes the value of crypto for payments and value transfer, indicating a degree of openness to the digital asset class. However, it doesn't consider crypto as legal currency, suggesting caution in its official approach. Furthermore, Mexico applies taxes to the net profit derived from crypto sales or exchanges, indicating a regulatory framework for cryptocurrency transactions. So, while Mexico isn't a crypto haven, it's not entirely hostile either, leaving room for further exploration and growth in the crypto space.
Valentina
Sat Jun 08 2024
|
5 answers
1148
Is crypto ban in Mexico?｜In Mexico, there are no specific rules applicable to border restrictions or obligations to declare the holding of cryptocurrencies, except for the existence of income derived from the sale of Virtual Assets (for further information, see “Taxation” above).
Could you please clarify the current legal status of cryptocurrencies in Mexico? Are there any specific restrictions or obligations in terms of declaring holdings of cryptocurrencies? Is there a ban on cryptocurrencies in Mexico? Additionally, I'd like to know more about the taxation aspect related to the sale of Virtual Assets. Could you provide further information on this matter? Thank you for your assistance.
JamesBrown
Sat Jun 08 2024
|
5 answers
1303
Is crypto regulated in Mexico?｜In Mexico, there are no specific rules applicable to border restrictions or obligations to declare the holding of cryptocurrencies, except for the existence of income derived from the sale of Virtual Assets (for further information, see Taxation above) .
Could you please clarify the regulatory status of cryptocurrencies in Mexico? Do they have any specific rules regarding border restrictions or obligations to declare holdings of crypto assets? Are there any exceptions to this, such as taxation requirements for income derived from the sale of Virtual Assets? I'm interested in understanding the legal framework surrounding cryptocurrencies in Mexico to ensure compliance and avoid any potential issues.
BlockchainWizardGuard
Sat Jun 08 2024
|
6 answers
1424
Is Mexico Bitcoin friendly?｜In Mexico . For example, you may purchase a car for up to 3,210 Times the Minimum Wage (TMW) effective in Mexico, approximately MXN $225,000 or USD $13,400 with Bitcoin.Bitcoin is legitimated and recognized as a means of payment and transmission of value, without being a legal currency
Could you please elaborate on Mexico's attitude towards Bitcoin? I'm curious to know if it's considered a Bitcoin-friendly country. For instance, it's fascinating that one can purchase a car worth up to 3,210 times the Minimum Wage in Mexico, which translates to approximately MXN $225,000 or USD $13,400, using Bitcoin. Does this indicate widespread acceptance of Bitcoin as a payment method? Is Bitcoin officially recognized and legitimized in Mexico, even though it's not considered a legal currency? I'd appreciate your insights on this matter.
