Skip to content

Mexico’s Central Bank Will Launch Digital Currency by 2024

  • Mexican government discusses Banxico’s plans on Twitter
  • Measure is seen as an alternative to cryptocurrencies
Updated on

Mexico’s central bank will have its own digital currency in circulation by 2024 as part of efforts to boost financial inclusion.

“These new technologies and next-generation payment infrastructure are extremely important,” the federal government posted late Wednesday on its Twitter account, confirming the bank’s plan.