Is Mexico a crypto friendly country?|. In Mexico, crypto tax applies to the net profit from crypto sales or exchanges.Mexico acknowledges and accepts crypto for payments and value transfer but not as legal currency
Is Mexico considered a crypto-friendly country? I've heard that Mexico has a crypto tax policy, applying it to the net profit resulting from the sale or exchange of cryptocurrencies. Does this mean the country recognizes and accepts crypto for various purposes, such as payments and value transfer? However, I've also heard that Mexico doesn't treat crypto as legal currency. Could you clarify these points for me?