Javier Pérez Moreno

Javier Pérez Moreno is a partner at bgbg and head of the firm's Financial Regulatory practice. He advises financial institutions, global technology companies, payment platforms, crypto-asset businesses and digital lenders on the regulatory design, authorisation, launch and operation of innovative financial products in Mexico.

His practice focuses on matters where legal classification is commercially decisive. He regularly advises on electronic payment funds institutions, digital wallets, SPEI-related structures, payment aggregation, acquiring, card-linked products, embedded finance, digital lending, money transmission, cross-border payments, foreign exchange, virtual assets, stablecoins and crypto-to-fiat payment models.

Javier has significant experience advising international businesses entering or expanding in Mexico. His work includes regulatory-perimeter analysis, market-entry and licensing strategies, IFPE authorisations and acquisitions, banking and payment partnerships, product structuring, contractual architecture, AML/CFT, consumer protection, operational implementation and regulatory risk mitigation.

He represents clients in matters involving the CNBV, Banxico, CONDUSEF, the Ministry of Finance and other Mexican authorities. His approach combines detailed legal analysis with a practical understanding of product, compliance, risk and commercial considerations, enabling clients to convert complex regulatory requirements into viable and scalable operating models.

Javier is particularly active in the crypto-assets and digital payments market, advising global and regional platforms on wallet structures, fiat funding and withdrawal flows, card-linked crypto products, stablecoin-based payment arrangements, virtual asset AML/CFT obligations and the interaction between digital assets and Mexico's regulated payment infrastructure.

He also advises banks, FinTech institutions and other regulated businesses on supervisory matters, regulatory remediation, internal control frameworks, outsourcing, digital onboarding, customer-identification processes and the implementation of new financial products.

Javier is recognised as a leading practitioner in financial regulation, FinTech, compliance and insurance, with particular experience in complex payments, digital asset and market-entry matters.

Partner, bgbg

Co-Head, FinTech Practice

Co-Head, Financial Regulatory Practice

Co-Head, Banking and Financie Practice

Academic Submissions (since 2021) Co-author, “Mexico”, in Control and Ownership of Digital Assets: A Comparative Law Survey, edited by Mirjam Eggen, Linda Jeng and Sebastian Omlor, Mohr Siebeck, 2026.

Author, four-part series, “Mexico’s Proposed Peso-Backed Stablecoin Framework”, LinkedIn, 2026, including “A Peso-Backed Stablecoin Would Not Be Legal Tender. That Is the Point”, “Banxico Will Decide Whether This Becomes Real” and “The Hard Questions Behind Mexico’s Proposed Peso Stablecoin Framework”.

Author, “Nubank y la banca sin fronteras: hacia un modelo bancario cripto y sin sucursales”, LinkedIn, 2026.

Author, Fintech Law 2.0 series, LinkedIn, 2025–2026, comprising “Fintech Law 2.0: Por qué la Ley Fintech ya no alcanza: señales desde el mercado”, “Fintech Law 2.0: La triple urgencia de México en cripto, tokenización y fiscalidad” and “Fintech Law 2.0: El plan que México necesita para liderar en innovación financiera”.

Author, “El mercado cripto institucional avanza. ¿México está preparado?”, LinkedIn, 2025.

Author, “The GENIUS Act: A U.S. Blueprint for Stablecoin Regulation—Lessons for Mexico”, 2025.

Author, “Stablecoins in Mexico: Regulatory Challenges and International Lessons”, 2025.

Author, “Nubank and the Future of Banking: Crypto Custody and the Rise of Branchless Finance”, 2025.

Author, “México está listo para el cripto, pero no sin reglas claras”, 2025.

Contributor, World Bank Group, Business Ready (B-READY) 2025 – Financial Services: Electronic Payments (Mexico).

NuBank

Mercado Libre

Mercado Pago

OpenBank

Coinbase

Bybit

Bitso (if you confirm folder evidence)

SuperDigital

Satoshi Portal

Fairplay

Konfío

Cobee

Pagsmile

Neat Pagos

Simetrik

Complif

PayRetailers

RedotPay

PayJoy

PayPros

Global66

Galactic Markets

Cometa

Orbital

Toro Pagos

X

Advised a global crypto-asset platform on the Mexican regulatory architecture for its payments ecosystem, including stablecoin wallet balances, bill-payment functionality, MXN balance treatment, card-linked products and potential IFPE characterization.

Advising a global technology platform on its entry into the Mexican financial market, including regulatory classification, banking-partner structures, comparative IFPE and SOFIPO analysis, SPEI connectivity and AML/CFT requirements.

Advised a leading cross-border payments provider on a structure combining SPEI funding, technology orchestration and stablecoin-linked settlement, including the allocation of regulatory, KYC, data and AML/CFT responsibilities among Mexican and offshore participants.

Advised an international crypto-linked payments company on its Mexican expansion, including wallet connectivity, VASP obligations, AML/CFT implementation, local operating structures and the potential acquisition of a regulated financial entity.

Advised a regulated Mexican bank on banking secrecy, AML/CFT, data protection and information-sharing requirements in connection with its indirect participation structure in SPEI.

Mexico, with significant experience advising international and cross-border financial, technology, payments and crypto-asset businesses entering or operating in the Mexican market.

FinTech regulation

Payments and payment infrastructure

Crypto-assets and virtual assets

Banking and neobanks

Electronic payment funds institutions

Digital wallets

Stablecoins

Cross-border payments

Embedded finance

Digital lending

AML/CFT

SPEI

Acquiring and card products

Regulatory authorisations

Financial regulatory risk