By Matthew Makowski Some folks anticipated a domino effect from the decision out of El Salvador. When the country announced it would make Bitcoin legal tender in the country, many thought other Latin American countries would soon follow. And while it’s still possible, the Mexico crypto ban remains in effect… at least for now. But more specifically, this is in regards to them being used as tools by financial institutions. Average citizens in the country are still allowed to invest in and trade most cryptocurrencies.
Several Latin American countries sent signals that they may follow El Salvador’s lead. Among the most prominent were Brazil, …read more
