The Central Bank of Mexico Stays Away from Cryptocurrencies.

Mexico's Approach to Cryptocurrencies

Mexico Central Bank maintains a cautious stance towards digital assets. The bank prefers to keep cryptocurrencies separate from the financial system, opting to stay away from the uncertainties in this area.

Since 2021, Mexican banks and fintech companies have been prohibited from offering cryptocurrencies to their customers. This ban is implemented to ensure stability in the sector and protect users.

Mexico Central Bank continues this cautious approach, citing serious concerns such as price volatility of cryptocurrencies, cybersecurity risks, and money laundering.