Category: New Mexico

As of 2024, the cryptocurrency legislation landscape in New Mexico is characterized by a cautious and regulated approach, particularly in relation to money transmission and the use of digital currencies. New Mexico’s financial regulatory framework, specifically the Uniform Money Services Act, does not explicitly include the concept of “virtual...

As the world of digital currencies expanded rapidly, New Mexico’s approach to cryptocurrency regulation before 2023 represented a cautious yet evolving stance, reflective of many U.S. states grappling with this new financial frontier. The state’s regulatory framework was marked by efforts to adapt existing financial laws to the unique...