The approval allows RedotPay to conduct virtual asset activities under Mexico’s anti-money laundering framework. The company says the registration strengthens its ability to work with local partners, regulators, and customers.
Following the approval, RedotPay plans to launch its third credit card program in Mexico with international partners. The company also intends to grow its local team across compliance, operations, and business development.
The Mexico registration adds to RedotPay’s approvals in the United States, Canada, and Argentina. The company continues to pursue local licenses as it expands its stablecoin payment network and regulated digital asset services globally.