The bank warns that stablecoins without global rules bring a risk of financial contagion.
Digital asset trading places Mexico as the third most important market in the region.
The Central Bank of Mexico (Banxico) remains cautious about bitcoin (BTC) and cryptocurrencies. This is made clear in its financial stability report published on December 10, 2025.
The institution was clear in indicating that it will continue promoting a “healthy distance” between cryptocurrencies and the traditional financial system. For the central bank, extreme volatility and operational risks continue to outweigh innovation.
According to Banxico, the alerts They revolve around price instability and money laundering. In a section dedicated to stablecoins, the organization is categorical in considering cryptocurrencies as merely speculative instruments and lacking legal support.
Far from giving in to the pressure of market growth, the entity ruled out stepping on the accelerator to introduce new regulations. Their refusal is based on a triple barrier that they consider insurmountable for now. This trio of elements are the extreme volatility of prices, the lack of a clear legal personality in these assets and, above all, the latent risk that they will be used as tools for money laundering.
This position maintains the blockade that, since 2021, prevents banks and fintechs from offering direct services with cryptoassets. However, the report does not ignore the magnitude of the ecosystem by highlighting the sector’s market capitalization boost.
Under this premise, the institution remains firm in its containment strategy, insisting on separating the waters between traditional banking and digital assets, blocking their integration until a legal framework exists global system that unifies the rules of the game.
The Mexican community builds its own bridges with bitcoin
Despite the central bank’s message, the reality on Mexican streets tells a very different story, driven by undeniable citizen interest. The country is consolidating itself as the fourth giant in Latin America in the adoption of cryptocurrencies, moving the figure of 71,000 million dollars between 2024 and 2025.
While Banxico insists on warning about speculation, the figures show that users continue to find real utility in this market.
But where regulation puts up walls, education builds bridges. A vibrant example of this human warmth is experienced in Mérida, Yucatán. There, far from regulatory pessimism, initiatives such as Arcadia BTC have signed alliances with local educational institutions to train the next generation of developers, as reported by CriptoNoticias.
Training on bitcoin is also emerging among undergraduate students. Examples of this are the University of Monterrey (UDEM) and the Technological Institute of Monterrey, which have held workshops on the matter.
Thus, Mexico experiences a duality. On the one hand, with a central bank that prioritizes traditional stability, in the face of an active community that, through education and daily use, demonstrates that bitcoin always finds a way to separate money from the state.