The Bank of Mexico (Banxico) announced it will continue to maintain a cautious approach towards digital assets, emphasizing a "healthy distance" from the traditional financial system. In a report released on Wednesday, Banxico highlighted its ongoing monitoring of the cryptocurrency market to prevent potential risks to financial stability. Despite recent regulatory developments in the U.S. and EU, such as the GENIUS Act and MiCA framework aimed at broader stablecoin use, Mexico remains committed to a conservative stance.
Banxico Maintains Cautious Stance on Digital Assets
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