New Bank Of Mexico FinTech Law May Stifle Crypto Startups

New Bank Of Mexico FinTech Law May Stifle Crypto Startups
 

August 5, 2019 10:48 PM

The Bank of Mexico’s newly enforced FinTech law targets crowdfunding and electronic payments services, requiring businesses to have a minimum annual profit of $100,000 and asking for up to $35,000 in compliance fees.

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