CFTC sues New Mexico over prediction market jurisdiction

In recent developments, new Mexico is the eighth state sued by the CFTC over prediction markets, as Gary Gensler doubted the regulators’ claim of authority over sports event contracts. Looking…

Mexico and the EU Join Forces to Target Global Crypto Money Laundering

In recent developments, the announcement was made during the 8th EU-Mexico summit, where Mexico and the EU signed a trade agreement to decrease dependence on the U.S. The two governments…

The $40 Billion Opportunity: Why Nubank and Revolut Are Betting Big on Mexico

In recent developments, revolut and Nubank, two large neobanks, are now reaping the benefits of investing in Mexico, reaching milestones suggesting the market has reached an inflection point in the…

Stake Launches Regulated Mexico Operation Five Weeks Before World Cup Kickoff

In recent developments, online gambling operator Stake officially launched in Mexico on Monday, going live through stake.mx under a permit-based structure overseen by SEGOB, the Ministry of the Interior. The…

Bank of Mexico warns fragmented global rules expose stablecoins to stress, ar…

In recent developments, the Bank of Mexico’s new stability report flags liquidity, contagion and regulatory-arbitrage risks as crypto adoption accelerates in Latin America. Looking closer, market participants highlight key drivers…