The upper chamber of Mexico's national legislature has approved a bill that would bring bitcoin exchanges under the oversight of the central bank.
Mexico's government is close to introducing legislation that would regulate fintech firms, including those that work with cryptocurrencies.
Mexican bitcoin exchange Bitso has been working with Canadian payments firm Paycase to create a new remittance corridor between the two countries.
Digital currency exchange Bitso has raised $2.5m in new funding.
Another Latin American e-tailer, Famsa, is now accepting bitcoin for online purchases.
Mexico's finance ministry has clarified its stance on bitcoin and placed a series of restrictions on transactions involving the digital currency.
A coffee shop located on the campus of Mexico's Universidad de las Américas Puebla is now accepting bitcoin.
Bitso has closed a seed funding round led by the Barry Silbert-backed investment fund Bitcoin Opportunity Corp.
Mexican bitcoin exchange Bitso has acquired competitor Unisend Mexico in an attempt to consolidate its market share in the region.
BitPagos has partnered with Latin American e-commerce solutions provider Entrepids to offer bitcoin as a merchant payment option.
Bitso launched an ecommerce API and POS system today, positioning itself as a more wide-ranging provider of bitcoin services in the Mexican market.
Cryptocurrency exchange meXBT launches at Money 20/20 with the goal of expanding Latin American trade and remittance markets.
Argentina's Unisend has launched operations in Mexico, the first step in its Latin American expansion.
Mexican exchange Bitso has partnered with mobile payments firm Pademobile to bring bitcoin to up to 3 million users.
Mexican bitcoin exchange Bitso has exited beta with a number of initiatives to attract new users in the country.