2025-12-11 04:18:06

The latest statement from the Central Bank of Mexico.

This Wednesday, Banxico released a report with a fairly clear stance—they plan to continue maintaining a "safe distance" from digital assets. However, they are not completely ignoring the issue; the central bank has been closely monitoring the crypto market's movements, mainly out of concern that any sudden incident could affect the stability of the entire financial system.

Interestingly, the U.S. has introduced the GENIUS Act, the EU has launched the MiCA regulatory framework, and various new regulations are being rolled out one after another. But Mexico still seems to be quite conservative and has no immediate plans to loosen restrictions. The central bank's logic is probably: observe first, see how others are doing, understand the risks before making any moves.

Honestly, Latin American countries have always had a somewhat nuanced attitude towards crypto. Some countries embrace it aggressively, while others adopt a cautious wait-and-see approach. Mexico clearly belongs to the latter, so don't expect major policy changes in the short term.

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ReverseTrendSister

· 12-13 01:00

Mexico really treats crypto as a scourge, waiting for others to fill the pits before considering --- America and Europe are opening up, while Latin America is still pretending to sleep, a typical wait-and-see attitude --- Banxico just wants to watch us play, and when something goes wrong, they can easily shift the blame. This tactic works --- Wait and wait, until the lilies are withered... Latin America is like this --- What's wrong with being conservative? Anyway, whoever takes the first bite gets pinched first. Let others test the waters

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StillBuyingTheDip

· 12-12 19:22

Mexico once again wants to sit back and watch the fight, but don't count on it. The conservative central banks are always the last to jump in; by the time they wake up, they've already missed the profit window. Another round of watching and waiting—this routine is getting old. The US and the EU have already taken action, but Latin America is still dithering, truly incredible. By the time they figure it out, we'll have already made our profits.

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TradFiRefugee

· 12-12 16:00

Mexico is still playing conservative, so boring... While the US and Europe are starting to regulate, Mexico stubbornly refuses to do so. Wait, is Banxico really scared or just doesn't understand crypto at all? It feels like... Latin America is indeed awkward; either go all in or hide completely, no middle ground. Another central bank on the sidelines... After watching for so long, do they still need to keep watching? MiCA has already been rolled out, and Mexico is still "assessing risks." By the time policies are truly implemented, the hype will have cooled down. Gotta say, the central bank's insurance move is safe, but it's also a bit too dull.

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CounterIndicator

· 12-11 04:48

Mexico is watching again... I'm tired of this routine, it seems like central banks in Latin America all prefer to move slowly. Banxico's "safe distance" sounds nice, but in reality, they're probably just being cowardly. The US and Europe are taking action, and Mexico is still waiting to "figure out" the risks—who knows when they'll get around to it. No problem with a conservative policy, but I worry they'll end up falling behind without understanding why. Who in Latin America dares to really make a move? It's all talk. Seeing this attitude from central banks repeatedly, anyway, when the bad news is fully priced in, it becomes good news. Just hold on. Why must we wait for the US and EU to lead? It's so funny. Banxico's cautious steps might force them to follow suit someday, and then they'll be even more passive.

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GhostAddressHunter

· 12-11 04:47

Mexico's conservative attitude... the US and Europe are playing with fire, and they are still watching from the sidelines. Typical. Waiting around probably won't bring any policy benefits; Latin America is just like this. This is true risk-off, more real than any bear market. Banxico has chickened out, and the regulatory excuse is always "systemic risk." Miners will have to find other ways out.

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OldLeekMaster

· 12-11 04:44

Mexico's approach is a bit too cautious. It's already 2024, and they're still on the sidelines? Others have already jumped in. Wait, being cautious like this isn't necessarily a bad thing... The real concern is that if they loosen up suddenly, it could all go haywire. With GENIUS and MiCA already out, what is Mexico waiting for? It feels like they're falling behind a bit. Latin America is really interesting—some countries are all in, some are playing it safe. Mexico is choosing the most prudent path. No significant moves in the short term? But what about the long term? These central banks will have to make a stance sooner or later.

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GweiWatcher

· 12-11 04:40

Mexico is just watching from the sidelines, waiting for others to step into the pit before making a move. Don’t rush, Central American and Latin American central banks are all like this, a culture of waiting and watching is ingrained in their DNA. Genius and MiCA are both in place, but Banxico is still keeping a "safe distance," laugh out loud. Being conservative has its benefits, at least not having to step on landmines like the pioneers. Why not just straightforwardly say "we're cowardly," it would actually seem more honest. This is a typical mindset of wanting to get the benefits without wanting the risks. Latin America is acting separately; when will they adopt a unified stance? Honestly, they’re just waiting for the US and EU to give an answer, they have no ideas of their own. No moves in the short term? Probably no hope in the long run either, haha. The central bank’s "watching" means they are observing, but they just won’t take action. Mexico: Wait a minute, let me see if I can do this.

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GasFeeTherapist

· 12-11 04:35

Mexico is sticking to conservative policies again; it seems Latin America will have to wait a bit longer. The US and Europe are paving the way, but they are pretending to sleep—it's really a missed opportunity. Banxico's attitude indicates they haven't made up their minds yet; they're just watching others stumble. We have to wait for policy signals, and it probably won't happen in the short term. Latin American countries are acting independently, and the gap will only grow wider if this continues.

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hodl_therapist

· 12-11 04:26

Mexico, this is a typical "I'll watch you die first" tactic. Wait until the US and Europe have explored the pitfalls, then speak. They are all ready, but we're still watching... This pace is a bit slow. That's how Latin America is. Whoever dares to lead the charge, the others just stay in the back watching the fun.

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