finance
finance
Bitso Launches Hackathon to Boost MXNB Payments: Mexican Peso-Backed Cryptocurrency
Introduction to Bitso and MXNB Bitso, a leading cryptocurrency platform in Mexico, has announced the launch of “Hackathon MXNB,” a...
finance
BBVA Predicts Decline in Remittances to Mexico: Impact of Proposed 5% Tax
Introduction Juan José Li, Senior Economist at BBVA, has forecasted a decline in remittances to Mexico for the current and...
finance
5% Tax on Remittances to Reconfigure the Market: IMEF
Introduction The Mexican Institute of Executives in Finance (IMEF) warns that a proposed 5% tax on remittances from the United...
finance
Australian Central Bank Cuts Interest Rate to Lowest in Two Years
Background on the Reserve Bank of Australia (RBA) The Reserve Bank of Australia (RBA) is the central bank responsible for...
finance
Latin American Startup Investments Surge 26% in 2024, Predicted to Rise Again in 2025
Key Players: Mexico and Argentina According to a recent study, investments in Latin American startups have seen a significant 26%...
finance
Serfimex Strengthens SME Financing Strategy Amid Global Uncertainty
Who is Serfimex and Why are They Relevant? Serfimex, a subsidiary of Sociedad Financiera de Objeto Múltiple (Sofom), is a...
finance
Banxico’s Omar Mejía Castelazo Signals Continued Interest Rate Reduction Despite Global Uncertainty
Background on Omar Mejía Castelazo and His Role Omar Mejía Castelazo serves as the subgovernor of Mexico’s Banco de México...
finance
Anticipated Savings Repatriation to Temporarily Boost Remittances, Experts Warn of Informal Channel Risk
Background on Remittances to Mexico Experts from the global financial system suggest that remittances to Mexico might stabilize, given the...
finance
BBVA Warns of Migrants Turning to Informal Channels for Remittances if 5% Tax is Implemented
Background on BBVA and its Relevance BBVA, a Spanish multinational banking and financial services company headquartered in Madrid, is one...
finance
Banxico Sub-Governor Omar Mejía Castelazo Signals Continued Interest Rate Reduction
Background on Omar Mejía Castelazo Omar Mejía Castelazo is the Sub-Governor of Mexico’s central bank, Banco de México (Banxico). His...
