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President Claudia Sheinbaum proposes Digital Economy Law to recognize CURP Digital as a valid trust mechanism for remote financial services.

President Claudia Sheinbaum sent a proposal to the Chamber of Deputies for the Digital Economy Law for Digital and Electronic Payments as part of the 2027 Economic Package. The initiative aims to reduce cash circulation and close the gap between available infrastructure and its effective use to allow any person to make digital payments.

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President Claudia Sheinbaum explained that the remote model requires trusted sources that allow for identity verification without physical presence or paper documents. The proposal recognizes the CURP Digital, established in the General Population Law and the Digital Citizen File, as a valid trust mechanism for remote credit and financial service contracting. Under the supervision of the Bank of Mexico and the National Banking and Values Commission, the measure aims to elevate security standards for remote client verification and promote financial inclusion. The adoption of this instrument will be voluntary, allowing users to retain the right to freely choose between the CURP Digital or traditional official identification methods. The initiative highlights that digital payments reduce transaction costs and provide benefits for small and medium-sized enterprises.

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