Buy crypto in Mexico

Crypto is legal to buy and hold in Mexico. While the 2018 Fintech Law stopped short of letting banks freely handle crypto, exchanges operate legally and the market is large — particularly for remittances from the US, where crypto rails offer a faster, cheaper alternative to traditional transfers. Homegrown exchange Bitso is the regional leader, alongside Binance and Coinbase.

Mexico's instant interbank system, SPEI, is the backbone of crypto funding — free and immediate peso transfers to exchanges. Gains are generally taxed as income under ISR rules, with the tax authority (SAT) increasing scrutiny. Bitso powers a significant share of US–Mexico crypto remittance flow, underscoring how central the corridor is to the country's adoption.