MEXCO
VASP (Virtual Asset Service Provider)
Mexico VASP / Crypto License
Mexico: A Booming Market for Crypto Business
Mexico is rapidly establishing itself as a pivotal hub in Latin America for digital finance and cryptocurrency innovation. With a large and increasingly tech-savvy population, the country is experiencing significant growth in the adoption of digital assets as people seek alternatives to traditional financial systems amid economic volatility. This environment has spurred demand for secure and regulated crypto services—from exchanges to digital wallets—making Mexico an attractive target for crypto entrepreneurs and investors alike.
The nation’s strategic location and robust telecommunication infrastructure further position Mexico to serve as a gateway to both domestic and regional markets. Moreover, as policymakers work to create an enabling regulatory environment that addresses financial inclusion and technological advancement, early adopters in the crypto space can benefit from a first-mover advantage. This evolution not only bolsters consumer confidence in digital assets but also sets the stage for substantial long-term growth in the sector.
Benefits of Obtaining a VASP License in Mexico
Securing a VASP license in Mexico offers crypto businesses a comprehensive legal framework that enhances both credibility and operational agility. With such licensing, companies can legally offer a wide range of services—such as fiat-to-crypto exchanges, digital asset custody, and crypto-to-crypto trading—while ensuring rigorous adherence to anti-money laundering (AML) and counter-terrorism financing (CTF) standards. This regulatory clarity not only builds trust with institutional investors and customers but also facilitates smoother integration with financial institutions and banking services, which are crucial for seamless fiat interactions.
A key benefit of operating under a VASP license in Mexico is the opportunity to tap into a growing market with minimal bureaucratic barriers. The streamlined registration processes and transparent compliance protocols empower companies to launch quickly and scale their operations efficiently. The regulatory framework provides certainty that supports innovation while mitigating risk, allowing companies to focus on service excellence and market expansion rather than on navigating ambiguous legal requirements.
Furthermore, a VASP license in Mexico enables businesses to enhance their competitive edge by aligning with globally recognized best practices. This includes robust cybersecurity measures, efficient fund segregation, and continuous monitoring of financial transactions, all of which contribute to a safer and more reliable crypto ecosystem. In a rapidly changing landscape, this compliance framework serves not only to protect customer assets but also to differentiate licensed operators as trusted market leaders who are well-prepared for future regulatory changes.
By choosing to obtain a VASP license in Mexico, crypto businesses are not just meeting present legal requirements—they’re positioning themselves for sustainable growth in a dynamic, evolving market that is becoming increasingly integrated into the global digital finance landscape.
MEXICO:
VASP €34.900
Allows custody, storage, transfer and exchange of virtual assets (alt coins).
• Virtual Asset Service Provider (VASP)
• Registration of the new directors in the Mexican tax system.
• Registration of the company in the registry of Virtual Asset providers.
• Registered office for 1 year included
(1.500€ / year after 1st year).
• 1 bank account (local ).
• Transfer of shares with a Notary (Remotely).
• Personalized AML/KYC Policy.
• VAT number.
Mandatory Monthly Fees:
• Local legal contact & legal address: 2.000€
• Compliance officer and monthly reporting: 2,800€
• Corporate income tax – 30%;
• VAT 16%;
• Tax dividend – 10%;
• No minimum share capital - however 2,500 USD is recommended