The post Binance Expands in Mexico with $53M Investment appeared first on Coinpedia Fintech News
Binance has introduced Medá, an authorized Electronic Payment Funds Institution (IFPE) in Mexico, with a planned investment of over one billion pesos ($53 million) over four years. Medá will operate independently, offering peso deposit and withdrawal services and bridging traditional finance with digital assets. This move reflects Binance’s commitment to strengthening Mexico’s position as a fintech hub in Latin America while making crypto payments more accessible and affordable for Mexican users.