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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
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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.