Binance Invests Over One Billion Pesos to Expand Fiat Services in Mexico

CN
12 hours ago

Medá, operated by an independent vertical within Binance, will provide peso deposit and withdrawal services to facilitate on- and off-ramps between traditional finance and the digital-asset ecosystem, and is supervised by Mexican financial authorities. Binance says the initiative aims to bolster financial inclusion, education, compliance and competition in Mexico, positioning the country as a regional fintech hub while aligning operations with local regulatory standards.

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