Santiago Nieto Castillo, leader of the UIF, the Mexican financial regulator, has issued an alert that 12 cryptocurrency exchanges are operating illegally in the country. The regulator is now producing the necessary data for Mexican authorities to act against these exchanges. The institution receives information from 23 registered cryptocurrency exchanges reporting users’ transactions.
Mexican Regulator on the Hunt for Unregulated Exchanges
The Financial Intelligence Unit (UIF), the Mexican financial regulator, issued an alert about 12 cryptocurrency exchanges that are operating illegally in the country. The names of these companies were not mentioned, and this means these exchanges are still not registered with the SAT, the country’s tax authority. Santiago Nieto Castillo, leader of the UIF, stated they are collecting data to execute actions against these companies.
The Mexican fintech law establishes that virtual asset service providers must report the activities of customers t
Źródło: https://news.bitcoin.com/mexican-regulator-12-cryptocurrency-exchanges-are-operating-illegally/
