Chamber Of Deputies Approves The Financial Technology Institutions Law (Ley de Instituciones de Tecnología Financiera) ('Fintech Law') - Technology - Mexico Law Articles in English - Mondaq Business Briefing - Books and Journals - VLEX 704561645

Chamber Of Deputies Approves The Financial Technology Institutions Law (Ley de Instituciones de Tecnología Financiera) ('Fintech Law')

Author:Mr Miguel A. Peralta, Pedro Said Nader and Patrick Seaver
Profession:Basham, Ringe y Correa, S.C.
 
FREE EXCERPT

On March 1st, 2018, the Chamber of Deputies, sitting en banc, approved by majority the bill of the Financial Technology Institutions Law (Ley de Instituciones de Tecnología Financiera) ("Fintech Law"), and remitted the bill to the federal Executive branch in order to be published in the Federal Official Gazette (Diario Oficial de la Federación). The new law, proposes, among others, the use of cryptocurrencies with the previous authorization of the Central Bank of Mexico (Banco de México). The Fintech...

To continue reading

REQUEST YOUR FREE TRIAL