Banxico to offer digital currency in 2025

Banxico to offer digital currency in 2025

Economy & Policy Mexico Capital Markets Asset Management Project & Infrastructure Finance

Mexico's central bank, known as Banxico, plans to offer a digital currency in 2025 as part of its plans to expand financial services in the country, said the bank's governor, Victoria Rodríguez. The digital currency will "expand the options to make quick payments, safe, efficient and interoperable in the economy," Rodríguez said before the Senate's finance committee on Thursday. The government announced in December that Banxico would introduce its digital currency in 2024. Banxico joins central

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