Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Policy
Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Mexico’s Central Bank Keeps a ‘Healthy Distan
Policy
Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Mexico’s Central Bank Keeps a ‘Healthy Distan
Mexico’s Central Bank Keeps a ‘Healthy Distance’ From Crypto
5 min read
Mexico’s Central Bank Keeps a ‘Healthy Distance’ From Crypto
Banxico’s year-end report reaffirms its anti-crypto stance, highlighting legal risks, low adoption, and the need for international regulation.
By Olivier Acuna|Edited by Jamie Crawley
Dec 11, 2025, 1:31 p.m.
Bank of Mexico (Shutterstock, modified by CoinDesk)
What to know:
- Mexico's central bank maintains a cautious stance on digital assets, keeping them separate from its financial system.
- Banks and fintech firms in Mexico have been prohibited from offering cryptocurrencies to customers since 2021.
- The Bank of Mexico cites concerns over price volatility, cybersecurity risks, and money laundering as reasons for its cautious approach.
As financial capitals worldwide from London to Singapore race to introduce regulations to introduce digital assets into their banking systems, Mexico’s central bank announced a far more cautious stance.
In its year-end report, boasting the stability of the country’s economy, the Bank of Mexico (Banxico) said it will “maintain a healthy distance between virtual assets and its financial system”.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the State of Crypto Newsletter today. See all newsletters
Sign me up
Banks and fintech firms in Mexico have been barred from offering crypto to customers since 2021.
Many developing and emerging economies also maintain restrictive approaches to crypto compared with the U.S. and Europe, with China and Nigeria being prominent examples. The Chainalysis report notes that regions with less regulatory clarity tend to show slower or more cautious adoption.
However, unlike its Latin American peers, such as El Salvador, where bitcoin is legal tender or Bolivia, which is developing crypto oversight rules, Mexico treats digital assets as speculative instruments outside its monetary framework core. The report, which signals the country is in no hurry to introduce crypto regulations, cited several concerns, including that virtual assets lack legal tender status, show extreme price volatility, carry significant operational and cybersecurity risks, and pose elevated money-laundering and consumer-protection concerns. It also highlights stablecoins.
“The surge of stablecoins worldwide could pose systemic risks, particularly if their issuance and usage expand without an international regulatory framework,” the central bank said. “Until a homogeneous regulatory framework exists, it is important to keep a healthy distance between the traditional financial system and digital assets.”
Banxico referenced a Chainalysis report, arguing crypto adoption in Mexico remains low. Mexico ranks third in Latin America with a national yearly crypto transactional value worth $71 billion from July 2024 to July 2025, according to the October 2025 Chainalysis study.
Banco de MexicoBank of MexicoCrypto
More For You
Protocol Research: GoPlus Security
Commissioned byGoPlus
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
View Full Report
More For You
U.S. Senate's Crypto Market Structure Bill Gets Messy as Calendar Weighs Down
The White House has shut down proposals, and lawmakers are circulating the Democrats' asks in what had been a close negotiation, revealing 11th-hour pressure.
What to know:
- Democrats shared a response to Republicans outlining their continuing priorities for a crypto market structure bill, which they said was intended to "reach an agreement and proceed towards a mark-up."
- The document laid out concerns with financial stability, market integrity and public officials' ability to trade and profit off of crypto, echoing concerns laid out in a framework Democrats shared in September.
- The Senate is running out of time in the Congressional calendar to hold a markup hearing — a key step toward progressing the bill — before 2025 ends.
Read full story
Latest Crypto News
Filecoin Declines 7%, Breaking Below $1.43 Support
Cardano Ecosystem Gets a Privacy Boost as Midnight’s NIGHT Goes Live
$500M Flows MIA for Month: Crypto Daybook Americas
Sky's Keel Starts $500M Investment Campaign to Boost RWAs on Solana
Marketnode, Lion Global Bring Singapore-Vaulted Gold Fund Onchain on Solana
Revolut and Trust Wallet Launch Instant Crypto Buys in EU With Self-Custody Focus
Top Stories
$500M Flows MIA for Month: Crypto Daybook Americas
BTC, Nasdaq Futures Drop as Oracle Earnings Revive AI Bubble Fears
U.S. Senate's Crypto Market Structure Bill Gets Messy as Calendar Weighs Down
Gemini Approved by CFTC to Offer U.S. Prediction Markets, Stock Surges Nearly 14%
Revolut and Trust Wallet Launch Instant Crypto Buys in EU With Self-Custody Focus
Bitcoin Swings Wildly as Fed's Powell Straddles Labor Market and Inflation Issues
Market Opportunity
Lorenzo Protocol Price(BANK)
$0.03357
$0.03357$0.03357
USD
Lorenzo Protocol (BANK) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Once Upon a Farm Announces Pricing of Initial Public Offering
BERKELEY, Calif.–(BUSINESS WIRE)–Once Upon a Farm today announced the pricing of its initial public offering of 10,997,209 shares of its common stock, 7,631,537
Share
AI Journal2026/02/06 08:15
Forward Industries Bets Big on Solana With $4B Capital Plan
The firm has filed with the U.S. Securities and Exchange Commission to launch a $4 billion at-the-market (ATM) equity program, […] The post Forward Industries Bets Big on Solana With $4B Capital Plan appeared first on Coindoo.
Share
Coindoo2025/09/18 04:15
332M accounts and $28B TVL,
The post 332M accounts and $28B TVL, appeared on BitcoinEthereumNews.com. PayPal USD debuts on TRON as a permissionless token PYUSD0, enabled by LayerZero’s OFT standard and the Stargate Hydra extension. The announcement on September 18, 2025 (Geneva) introduces native interoperability between chains and transfers without manual steps for users; the news echoes elements already communicated by PayPal at the launch of PYUSD PayPal Newsroom. The move concerns an ecosystem that includes 332 million accounts and over $28 billion in TVL. In this context, the fungibility of a stablecoin regulated across multiple networks and the use of TRON as a settlement layer for payments and remittances is at stake. According to the data collected by TRONSCAN updated as of September 18, 2025, the network metrics confirm the cited volumes and highlighted traffic patterns. Our editorial team has verified the transaction logs and monitored the public chain metrics to corroborate the reported figures; the observations on daily flows and TVL are consistent with the network dashboards. Industry analysts observe that the entry of a regulated issuer like PayPal tends to increase institutional interest, provided there is transparency on reserves and compliance checks. What is PYUSD0 on TRON and why is it relevant PYUSD0 is the representation of PayPal USD on TRON. It is pegged one-to-one to PYUSD through the OFT standard: the two tokens remain a single stablecoin, fungible and reconciled across chains. The integration is made possible by Stargate Hydra, now operational through LayerZero. According to the founder of TRON, Justin Sun, the extension on TRON expands access and trust for users and institutions. For Bryan Pellegrino (CEO of LayerZero Labs), stablecoins represent a pillar of global payments and remittances, as the native compatibility between chains enables their operational scalability. It must be said that the alignment between issuer, cross-chain infrastructure, and settlement network is a key element. Key Numbers: TRON…
Share
BitcoinEthereumNews2025/09/19 08:18