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Mexico is one of the first countries in Latin America to enact laws regulating financial technological institutions, also known as fintech law. With no specific cryptocurrency law, Mexico continues to evolve its regulatory systems in 2025, impacting financial institutions and individuals in the crypto space. Since 2018, the Mexican government has legalized virtual assets, including cryptocurrency, through the Fintech Law.
As of 2025, Mexico has not introduced any new crypto-related law; however, it is developing an enhanced framework for fintech and digital assets laws, focusing on consumer protection and financial stability.
Date | Law/ Regulation | Details |
July 11, 2024 | Creation of ‘Digital Agents’ | Establishing a new type of banking to publicly offer |
February 2024 | Bitso proposal | Bitso contributes in shaping the regulatory landscape of digital assets |
June 7, 2023 | National Code of Civil and Family Procedures | Local government will fully adopt the code by April 1, 2027 |
April 2022 | Peso Digital Currency | Banxico to soon implement peso digital currency as part of long-term payment strategy |
February 2022 | Bill to create Central Bank Digital Currency (CBDC) | Senator Kempis set to make Bitcoin legal tender |
August 2021 | Tightening of AML regulations | Ensuring compliance with the anti-money laundering legal framework |
June 2021 | Reiterating, crypto is not legal tender | The finance minister warned that crypto is not legal tender, and local financial institutions are not authorized to operate virtual assets |
July 2019 | New rules for Fintech Law | New rules were introduced for robust crypto regulations |
March 2019 | Circular 4/2019 | Banxico prohibits banks from directly dealing with virtual assets |
September 2018 | Blockchain to track public bids | Blockchain-based project to reduce corruption in bidding for government contracts |
March 9, 2018 | Fintech Law passed | Financial entities, including digital assets, can be authorized by Banxico |
December 2017 | Proposal of fintech law | The government announced its plan to introduce a fintech law |
March 2014 | Banxico issued a warning | Banxico warns about the risks of virtual currencies |
The Bank of Mexico is the primary regulator of crypto in the region; Currently, it is focusing on maintaining digital asset transactions and ensuring AML compliance.
Digital currency:
Innovation and Stability:
Mexico has not mandated any specific crypto licenses yet; however, the entities dealing with crypto and other virtual assets must register with the Comisión Nacional Bancaria y de Valores (“CNBV”).
Entities that desire to offer any crypto-related services must comply with anti-money laundering (AML) and other mandatory regulations.
Mexico does not have any specific crypto laws, therefore, the general national tax law applies to it. In 2021, the Mexican tax Ombudsman confirmed that profits from crypto should be treated as income from the sale of goods.
Mexico is one of the countries in Latin America that is currently focusing on enhancing the regulatory landscape for cryptocurrency and digital assets in the region. I believe if Mexico maintains this stability of cryptocurrency with the legal framework and boosts the security regulations, then in no time, it will be posing as a crypto hub in the global landscape.
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