Mexico's fintech industry is advocating for reforms to the "Fintech 2.0 Act" to modernize regulatory frameworks for crypto assets and financial technologies. Under the leadership of Ángel Cabrera, the new head of the National Bank and Securities Commission (CNBV), the industry seeks to address bottlenecks in the approval process and establish clearer, more flexible standards. Key proposals include expedited authorization processes, tiered risk management, and comprehensive regulation of open financial models. The current Fintech Law, enacted in 2018, is seen as outdated, particularly in its handling of crypto assets, which remain restricted despite global market growth. The industry aims to promote hybrid financial models that integrate services like payments, credit, and insurance, potentially enhancing financial inclusion in a country where 85% of transactions are cash-based and many remain outside the traditional financial system.