First Blockchain Association in Mexico Established

The Blockchain Association of Mexico has established companies Bitso, Volabit, BIVA, GBM, Lvna Capital, ConsenSys and Exponent Capital. The organization’s objective is to educate citizens in the technology’s deployment and its potential applications. The association reportedly intends to develop standards and practices before the technology becomes mainstream. Cryptocurrency and blockchain industry leaders have launched various associations in order to facilitate the technologies’ adoption and work with regulators to develop comprehensive standards.

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Source: Cointelegraph