The governor of the Bank of Mexico, Agustin Carstens, has rejected adopting ‘virtual currency’ as the legal classification for bitcoin. Carstens has argued that the term ‘currency’ comprises an inappropriate classification for bitcoin due to the cryptocurrency’s absence of central bank backing or issuance.
READ MORE: http://www.thedailyeconomist.com/2017/08/mexican-central-bank-rejects-bitcoin-as.html
