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Home Market Research Cryptocurrency

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

by TheAdviserMagazine
9 months ago
in Cryptocurrency
Reading Time: 1 min read
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Binance Invests Over One Billion Pesos to Expand Fiat Services in Mexico
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Binance announced on September 1, 2025, the launch of Medá, a newly authorized Electronic Payment Funds Institution (IFPE) in Mexico, backed by a planned investment of more than one billion pesos ($53 million) over four years. Medá, operated by an independent vertical within Binance, will provide peso deposit and withdrawal services to facilitate on- and […]



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