Is cryptocurrency legal in Mexico? Although it is not a legal currency in Mexico yet, its use is not illegal, according to the notices issued by the Condusef and the Bank of Mexico regarding this technology. In Mexico Bitcoin is legitimated and recognized as a means of payment and transmission of value, without being a legal currency.
What countries allow crypto legal tender? The Central African Republic has become the second country in the world to adopt bitcoin as official currency, after El Salvador took the same step last year.
Can I use Bitcoin in Mexico? Legal. Bitcoin was legal in Mexico as of 2017, with plans to regulate it as a virtual asset by the FinTech Law.
Does Mexico have crypto tax? There is no tax rule in Mexico that makes reference to cryptocurrencies of any kind.