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Mexico Finally Passes Fintech Bill, Open Banking Next On Agenda

Mexico’s long-awaited fintech law has finally crossed the finishing line, but the success of the reforms rests on the secondary legislation that is due to be drafted over the next two years.

The Law to Regulate Financial Technology Institutions, which was published in the official gazette on Monday, will subject electronic money and crowdfunding service providers to a regulatory regime for the first time.

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