Hello! Cryptocurrencies have gained relevance around the world, and in Mexico it is no different. Let me provide you with some details on their use and how they compare to cash:
1. Legality in Mexico:
- According to Condusef (National Commission for the Protection and Defense of Users of Financial Services), the use of cryptocurrencies such as Bitcoin and Ethereum is not technically prohibited in Mexico¹.
- However, these digital currencies do not have the support of a Central Bank. Unlike traditional currencies, they do not have the same government protection or guarantee.