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🇲🇽 Mexico analogue

CNBV / Banxico, IFPE route; no dedicated crypto licence

Crypto (CASP / VASP) E-money (EMI)
Last verified 2026-08-01 Next review 2026-08-15

Data verified: oldest cell 46 days ago (verified 2026-07-02). Individual cells show their own verification date below.

Capital requirement Capital requirement is included with access. Included with access Timeline to authorisation Timeline to authorisation is included with access. Included with access Application cost Application cost is included with access. Included with access Passporting Passporting is included with access. Included with access

Licence type

No EMI. IFPE (Institucion de Fondos de Pago Electronico) under the Ley Fintech.

Verified 7 weeks agoSource: Ley Fintech, https://www.cnbv.gob.mx/CNBV/Paginas/Ley-Fintech.aspx

Regulator

CNBV together with Banco de Mexico (Banxico).

Verified 7 weeks agoSource: CNBV / Banxico

Recent changes

Continuing CNBV and Banxico secondary rules. On 6 May 2026 Senator Alejandro Murat introduced a Senate bill to regulate peso-pegged stablecoins (Activos Virtuales Estables), naming authorised ITFs (including IFPEs) and credit institutions as permitted issuers under Banxico supervision; it remains a bill before committee, not enacted law.

Verified 16 days agoSource: Mexican Senate Gaceta Parlamentaria, initiative of 6 May 2026: https://infosen.senado.gob.mx/sgsp/gaceta/66/2/2026-05-06-1/assets/documentos/Ini_Morena_Sen_Alejandro_Murat_activos_virtuales_Moneda_Nacional.pdf

You have seen the shape. The numbers are one pass away.

Capital, timeline, costs, substance, passporting, restrictions and difficulty for Mexico, each with its source and verification date, unlock with the one-off Founder Pass: £349, 30 days, everything included. Need it board-ready without doing the work? A bespoke report answers your exact question for £950.

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Not legal advice. Entries marked placeholder or awaiting verification shouldn't be relied on. Verify with Mexico's regulator and qualified local counsel before acting.