Mexico Expected to Get New Cryptocurrency Exchanges

By Mark Lemon – Cryptocurrency Expert

On June 21st, the firm Amero-Isatek will be opening its first physical cryptocurrency exchange station in Nuevo León, Monterrey. Now, they’re expecting to open on seven other locations in Mexico. User in Mexico will soon have easier access to buying crypto.

According to Amero-Isatek, an estimate of 800,000 Central Mexican cryptocurrency users could be served. Crypto users will be able to buy and sell Bitcoin whilst trading in Amero-Isatek’s own crypto asset, Amero, which will be launching the same day as the opening in Nuevo León.

Amero-Isatek CEO, Alfonso Jiménez says that although there is an exchange in operation in Monterrey, named GTM but it’s not recognized as a cryptocurrency exchange service. He has also expressed his interest in opening many more exchanges in Mexico.

Cryptocurrency Exchange Expansion

The seven other Mexican localities where Amero’s services will be offered are:

  • Queretáro

  • Sinaloa

  • Quintana Roo

  • Jalisco

  • South Lower California

  • Yucatán

With this move, Mexico’s budding fintech laws will be able to grow around the country. These new locations will operate under the “sandbox” regulatory scheme and all must operate under this in Mexico to sell and buy cryptocurrency and provide services around the assets.

Jimenez hopes that his company would comply with local (Bank of Mexico) and international regulations regarding conducting financial operations. As buying and selling Bitcoin can exchange internationally, it is in the company’s best interest to align policy and regulation of the assets universally. The company is also looking to the future with the acquisition of two licensed Estonian crypto exchanges, Global XVC and Invest Global.

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