Mexico has a restricted regulatory stance on cryptocurrency, governed primarily by the Ley Fintech (2018), which imposes significant limitations on crypto activities.
| Status | Restricted |
| Risk Score | 55/100 (High Risk) |
| Region | north america |
| Currency | MXN |
| Adoption Rank | #12 |
| Capital Gains (Personal) | 10% on stock exchange gains; up to 35% progressive rate on other crypto gains |
| Capital Gains (Corporate) | 30% corporate tax |
| VAT on Crypto | No |
| Required | No |
| Regulator | SAT / UIF (for AML); CNBV + Banxico (for financial institutions only) |
| Framework | Ley Fintech (2018) + Banxico Circular 4/2019 + Federal Law for Prevention and Identification of Operations with Resources of Illicit Origin (Ley Anti-Lavado) as amended July 2025 |
| Ease | medium |
| Cost (USD) | $50,000 - $300,000 |
Licensing is required under Ley Fintech for crypto service providers, with moderate difficulty in obtaining licenses.
CNBV has taken action against unlicensed fintech operators. CONDUSEF has issued consumer warnings about crypto risks.
| Status | Research |
| Name | Moneda digital del banco central (MDBC) |
| Issuing Authority | Banco de México |
| Model | retail |
| KYC Required | Yes |
| Travel Rule | Yes |
| FATF Member | Yes |
| FATF Status | compliant |
| FATF Body | FATF |
| Suspicious-Activity Reporting | Yes |
Status: Restricted
DeFi activities face regulatory restrictions under current Mexican law, limiting their operation.
Status: regulated
Stablecoins are regulated under the Ley Fintech framework with specific compliance requirements.
Status: no_rules
No NFT-specific regulation.
| Legal | Yes |
| Electricity Cost | $0.078/kWh |
| Renewable Energy | 26% |
| Infrastructure | good |
Mining is legal and benefits from moderate electricity costs; infrastructure is adequate with improving data center capacity.
| Stability | moderate |
| Sanctions | No |
| Corruption Index | 31/100 |
| Banking Access | moderate |
| Sanctions Program Active | Yes |
Risk Factors
Mexico has moderate political stability with ongoing challenges from organized crime and regulatory uncertainty in crypto. No international sanctions apply. Banking access for crypto firms is moderate due to cautious financial institutions.
Recent Political Events
Mexico has a restricted regulatory stance on cryptocurrency, governed primarily by the Ley Fintech (2018), which imposes significant limitations on crypto activities.
Mexico is classified by FATF as: compliant.
KYC is mandatory for crypto businesses.
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Explore IT Services →Last reviewed: 2026-09-04 · Data source: Soken Crypto Legal Map
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