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.

Makala yanayohusiana

The Texas Department of Banking has issued a consent order against Chicago-based cryptocurrency kiosk operator CoinFlip for conducting unlicensed money transmission. The company must pay over $40,000 and halt transactions until licensed. This follows prior violations and a merger-related issue.

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A new report reveals that monthly active crypto app users in Latin America grew by about 18% year-over-year in 2025, nearly three times the rate in the United States. Practical uses like payments and cross-border transfers fueled this expansion. The Lemon report highlights utility-driven adoption as a key distinction from speculative trends elsewhere.

Minnesota lawmakers are advancing a bipartisan bill for a statewide ban on cryptocurrency kiosks, which number about 350 in gas stations and retailers, as scams persist despite 2024 regulations. Nearly 20 other states have adopted measures, but advocates call for prohibition. Introduced last month by Rep. Erin Koegel, the proposal faces another legislative hearing this week.

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