In a Monday press Conference,
representatives from Mexico's financee
ministry, the Bank of Mexico, and the
National Banking and Securities
Commission issued a joint statement
warning investors virtual assets carried
inherent risks as a medium of exchange
and store of value. They added that any
financial institution based in Mexico is
"not authorized to carry out and offer to
the public operations with virtual assets,"
specifically mentioning Bitcoin (BTC),
Ether (ETH), and XRP.