Crypto & Digital Assets - Mexico

DevelopingNo dedicated VASP licensing regime. Two overlapping bodies of law: (1) the Fintech Law (Ley para Regular las Instituciones de Tecnología Financiera, 2018) regulating regulated financial entities' contact with virtual assets via Banxico; and (2) the Federal Anti-Money Laundering Law (LFPIORPI), as reformed in July 2025, which treats virtual-asset exchange as an AML 'vulnerable activity' supervised by SHCP/UIF. CNBV and Banxico are the financial regulators.

Mexico does not require a specific license, authorization, or registration to operate a crypto exchange or VASP; the activity is legal and regulated almost exclusively through AML/CFT obligations. Regulated financial entities (banks and Fintech institutions/ITFs) may only deal in virtual assets for limited internal purposes with prior Banxico authorization and are barred from offering crypto exchange, custody, or transfer to customers. Independent (non-financial) VASPs may operate freely but are 'obliged subjects' under the LFPIORPI, whose July 2025 reform sharply tightened reporting thresholds and compliance duties.

Machine-assisted translation · verified 5/23/2026 · orientation, not legal advice. English version →