Mexico's Central Bank Issues Bitcoin Advisory, Bars Its Use By Financial Institutions
In a press statement released on the 10th of March, Mexico's Central Bank, aptly named the Bank of Mexico, has issued an advisory related to bitcoin, as pointed out by our friends at CoinDesk. Translated copies reveal much of the same warnings the bitcoin community is accustomed to at this point. The advisory begins with a very brief primer on the digital currency, and works its way to note that "The current legal requirements do not recognize them as an official medium of exchange nor as a store of value or any other form of investment." The Bank of Mexico, or Banco De México, warns....
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