Binance News: Binance Launches Medá in Mexico With $53M Investment to Expand Fiat Access and Fintech Growth

Key Takeaways:Binance introduces Medá, an authorized Electronic Payment Funds Institution (IFPE) in Mexico, with a planned investment of over one billion pesos ($53M) across four years. Medá will operate independently, providing peso deposits and withdrawals while bridging traditional finance with digital assets. The initiative strengthens Binance’s global regulatory footprint and positions Mexico as a potential fintech hub in Latin America. Binance has announced the launch of Medá, a regulated Electronic Payment Funds Institution (IFPE) in Mexico, backed by a one billion pesos ($53 million) investment over the next four years source: https://www.binance.com/en/square/post/29105286246282?utm_source=BinanceNewsRSS