Your transactions in Mexican pesos more protected
We are very happy to announce that as from today all our operations with Mexican pesos will be no longer operated by Bitso and start to be processed through Nvio, the first Electronic Payment Funds Institution (IFPE for its initials in Spanish) regulated and supervised by the authorities of the financial sector in Mexico.

In order to continue operating normally with your Bitso account it is important that you accept the Terms of Use, as well as the Privacy Notice of Nvio. Operating with Nvio offers you the possibility to make and receive digital payments in Mexican pesos in an easy, fast and safe way.

This change is excellent news for you as a Bitso user, since now all your operations in the platform, from our website or App, will be supported by a regulated financial institution that guarantees the fulfillment of the highest national and international standards. On one hand, the operations you make with Mexican pesos will be processed by Nvio, the first Financial Technology Institution in Mexico. On the other hand, as you may remember, since August last year, operations with crypto-currencies are regulated under the DLT license of the Financial Services Commission of Gibraltar.

In Bitso we are committed to innovation and growth of the fintech sector in Mexico, so we seek to offer all our users transparent, efficient and reliable products and services that help them keep their funds increasingly safe and protected.

How will I continue to operate in Bitso?

It is very simple to continue with your operations:

Once you complete the necessary data, accept Nvio’s Terms of Use and Privacy Notice, you will be able to continue trading normally in our platform.

From January 2021 by interacting with Mexican pesos, either through SPEI, cash funding or Bitso Transfer, you will be using the services of Nvio Pagos México VIS.A.P.I de C.V, Electronic Payment Funds Institution regulated and supervised in Mexico.

The trading and custody of crypto-currencies as well as the sending and withdrawal of the same will continue to be a regulated activity in Gibraltar, under the DLT Regulatory Framework of the GFSC.

During your experience and operation, you will continue to see a clear separation between the services that are provided in Mexico (which will be linked to Nvio) and those that are provided in Gibraltar.

If you have any questions please visit our Frequently Asked Questions page or contact us through our Help Center.

We are very excited to continue growing together!
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['Fintech', 'Mexico', 'Regulation', 'Cryptocurrency']