Is Mexico crypto-friendly?|Crypto Exchange Laws in Latin America Most countries in Latin America recognize crypto as an asset class but not as legal tender. Countries like Mexico regulate crypto exchanges and demand anti-money laundering (AML) compliance from crypto firms through various registration and reporting requirements.
Is Mexico considered crypto-friendly? Given that Latin America generally recognizes cryptocurrency as an asset class rather than legal tender, what stance does Mexico take towards crypto exchanges? Do they enforce strict anti-money laundering regulations on crypto businesses? How does Mexico's approach towards crypto compare to other Latin American countries?