Mexico's ruling party's Claudia Sheinbaum elected president, crypto stance unlikely to change

Claudia Sheinbaum of the ruling party, Morena Party, has been elected as the President of Mexico. This result indicates that Mexico's stance on cryptocurrency is unlikely to change. Currently, the country imposes a 20% tax on cryptocurrency profits, but has not yet introduced comprehensive legislation for the cryptocurrency industry. It also requires cryptocurrency exchanges to register and comply with global anti-money laundering and counter-terrorism financing regulations.