CoinFlip opens crypto center in Mexico City

CoinFlip has launched a Crypto Center in Mexico City, serving as a comprehensive hub for cryptocurrency services. The facility includes ATMs for buying and selling digital assets, along with staff support and educational resources for users. This move aims to boost crypto adoption in the region amid growing interest in assets like bitcoin and Ethereum.

On December 30, 2025, CoinFlip announced the opening of its Crypto Center in Mexico City, marking a significant expansion in the company's efforts to facilitate cryptocurrency access in Latin America. The new retail location functions as a complete destination for crypto enthusiasts, featuring automated teller machines (ATMs) dedicated to cryptocurrency transactions, a selection of merchandise, a comfortable lounge, a waiting area, and on-site employees ready to assist visitors.

Staff at the center are equipped to guide customers through the process of purchasing or selling cryptocurrencies via the ATMs. They also help with enrollment in CoinFlip Preferred, a premium service that provides a dedicated client manager to manage transactions on behalf of users. This hands-on approach is designed to make the world of digital assets more approachable for newcomers.

"Cryptocurrency adoption is at an exciting point of inflection in Mexico as evidenced by the growing popularity of bitcoin, Ethereum and stablecoin," stated Ben Weiss, CEO and co-founder of CoinFlip. He added that the Crypto Center represents "a natural next step toward our goal of giving everyone the opportunity to participate in the digital economy by continuing to provide a range of options to confidently buy and sell crypto."

Sebastian Lopez Guardado, CoinFlip's business operations manager for Mexico, emphasized the facility's role in broader economic integration. "This space is a milestone in our efforts to expand the benefits of the digital economy in Mexico utilizing cash and SPEI transfers as an onramp," he said. "By offering face-to-face support and education, we can deepen our connection to existing customers while welcoming those new to crypto with an experience that helps them feel secure, informed and empowered."

At present, CoinFlip operates approximately 50 crypto ATMs across Mexico, underscoring the company's established presence in the market. The Crypto Center builds on this foundation by offering personalized services that go beyond self-service kiosks, potentially accelerating the mainstreaming of cryptocurrencies in the country.

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Illustration of a woman falling victim to a crypto ATM scam in Washington D.C., with a warning sign in the background, for a news article on prosecutors' alert.
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Prosecutors warn of crypto ATM scam in Washington

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A woman in Washington, D.C., claims she lost thousands in a cryptocurrency scam involving ATMs. The city's top prosecutor accuses an ATM provider of enabling the fraud, where victims are tricked into buying bitcoin to supposedly protect their money. California regulators have also cracked down on similar kiosk operators for overcharging consumers.

Coinbase is halting its services in Argentina effective January 31, 2025, less than a year after launching there. The move comes as the country leads Latin America in cryptocurrency ownership at 19.8 percent. Regulatory changes and economic factors are cited as key influences.

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Spokane, Washington, has enacted one of the nation's first bans on cryptocurrency ATMs in response to surging local fraud cases, including devastating victim losses. City leaders, addressing challenges in prosecuting overseas scammers, hope to spur statewide restrictions amid similar moves elsewhere.

The U.S. Commodity Futures Trading Commission has approved listed spot crypto products for trading on registered futures exchanges, marking a milestone in regulated digital asset markets. Bitnomial Exchange plans to launch the first leveraged spot crypto product next week. This move aligns with the Trump administration's pro-crypto policies.

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South Korean investors shifted more than 160 trillion won ($110 billion) from local crypto exchanges to foreign platforms last year, driven by restrictive domestic regulations. A joint report from Coingecko and Tiger Research highlighted this outflow, attributing it to delays in broader crypto frameworks. Officials acknowledged the need for updated rules, but disagreements over stablecoins stalled progress.

Cryptocurrency exchange ByBit is set to expand into traditional banking by introducing accounts for holding fiat currencies. CEO Ben Zhou announced plans for 'MyBank' accounts that will support transfers in 18 currencies and integrate seamlessly with crypto trading. The service is expected to launch next month, pending regulatory approvals.

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Brazil's Mercado Bitcoin has identified six trends expected to shape cryptocurrency markets in 2026. Among them, the stablecoin sector is projected to expand significantly to $500 billion. Altcoin exchange-traded funds are also anticipated to grow to $10 billion, fueled by regulatory clarity and broader adoption.

 

 

 

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