• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Services
    • Diseño Web
  • Contact
  • Blog

Branzel

Bitcoin, Startup and Blockchain News

  • MARKET CAPS
  • BITCOIN JOBS

Central Bank of Mexico fears the rise of the cryptocoin

July 30, 2018 By Branzel

Central Bank of Mexico fears the rise of the cryptocoin Bitcoin
Central Bank of Mexico fears the rise of the cryptocoin Bitcoin. Rise cryptocoin.

Central Bank of Mexico fears the rise of the cryptocoin and orders to reinforce security in transactions. Rise cryptocoin.

On Friday, July 27, the Bank of Mexico (Banxico) ordered all institutions belonging to the Mexican financial system to improve security measures for all those engaged in the “exchange or purchase of virtual assets.”

The bank said that all companies should “strengthen the security elements in the provision of funds transfer services,” according to the document that was published on its website. The intention of Banxico is to reinforce the controls of the Interbank Electronic Payment System (SPEI) to raise the security standards and avoid fraud in cryptocoin Bitcoin.

In the document, he talks about crypto actives and highlights 5 security points to maximize the protection of money. To do this, the Banxico suggests the development of validations that ensure the money of transfers made in the SPEI. rise cryptocoin

In the second point, the Central Bank of Mexico Banxico indicated the following:

The companies like Bitso within the SPEI must pay the money corresponding to the money transfer orders they receive, the day following their reception until they receive authorization from the Bank of Mexico and perform the additional validations that aim to ensure the legitimacy of the funds. said orders.

Banxico wants to “ensure the proper functioning of the payment system”, that is, in case of possible attacks on the technological infrastructure, companies must ban those users on the same day they are received.

In addition, users must use demand deposit accounts that are managed only at certified financial institutions to offer them. For example credit institutions, popular finance companies, community financial societies and cooperative savings and loan societies. rise cryptocoin

In the last point, Banxico stressed that banks “should avoid providing accounts to these companies for the transfer of resources for the purchase of virtual assets.”

Policy to avoid hacking

After the hack to the Bitso local crypto exchange house and the attack happened to the Chilean bank. On July 5, Bitso detected a cyber attack on his exchange, which activated the security protocols for the economic funds of thousands of users. rise cryptocoin

Finally, on Wednesday, July 25, Chile suffered the theft of financial information from thousands of people throughout the country. The most interesting thing about this attack is that the hackers, self-styled as ShadowBrokers, made public the information of how they made their attack in exchange for payments of 50 to 200 bitcoins.

These are the most important announcements in the Bitcoin news . You can also review our Consensus 2018 day 1 and Consensus 2018 day 2 reports.

Share this:

  • Share
  • Twitter
  • Facebook

Filed Under: Bitcoin News

EMAIL NEWSLETTER

Do you want to know more about the latest events in bitcoin, jobs, startup and blockchain news? You are in the right place. Subscribe to our newsletter.

Follow @branzel

EMAIL NEWSLETTER

Primary Sidebar

Bitcoin Jobs

Cryptocurrency/Blockchain Developer at Binary.com

Gravychain 2

Blockchain Startup Collaborator at GravyChain

NanoHealthcare Token

Global Brand Ambassador at NHCT – NanoHealthcare Token

More Bitcoin Jobs

EMAIL NEWSLETTER

Do you want to know more about the latest events in bitcoin, jobs, startup and blockchain news? You are in the right place. Subscribe to our newsletter.

*Only once a week

About Branzel

BranzelDo you want to know more about the latest events in bitcoin, jobs, startup and blockchain news? You are in the right place. Subscribe to our newsletter. More about Branzel.

Top Posts & Pages

  • Consensus 2018 day 3: Jack Dorsey bets on cryptocurrencies and Snoop Dog raises the event
    Consensus 2018 day 3: Jack Dorsey bets on cryptocurrencies and Snoop Dog raises the event

Social Networks

  • Facebook
  • Twitter

Recent Posts

  • What is bitcoin halving, should I worry about it?
  • How did the LIGHTNING NETWORK change in 2018?
  • BITCOIN transaction fees reached their minimum in 3 years
  • Cryptocurrency/Blockchain Developer at Binary.com
  • Blockchain Startup Collaborator at GravyChain
  • BITCOIN falls below $5.000 dollars dragging the crypto market
  • Global Brand Ambassador at NHCT – NanoHealthcare Token
  • Data Scientist at CryptoCompare
  • Cryptocurrency / blockchain writer (freelance) at Block Explorer
  • Network Operations Center Analyst ManTech Advanced Systems

Copyright © 2018 · Branzel · Log out