Mexico’s Evolving Crypto Regulatory Landscape in 2025
Mexico remains at the forefront of fintech regulation in Latin America, yet continues to operate without a dedicated cryptocurrency law. The 2018 Fintech Law still serves as the primary framework for digital assets, with incremental updates shaping the ecosystem. Regulatory focus has shifted toward consumer protection and financial stability, with Banco de México (Banxico) advancing plans for a digital peso.
Key developments include the 2024 creation of 'Digital Agents'—a new banking category—and Bitso's active role in shaping policy. Senator Indira Kempis' 2022 push to recognize Bitcoin as legal tender remains unresolved, while Banxico's central bank digital currency (CBDC) project progresses steadily. Adoption rates continue climbing, though taxation policies lack clarity.
