This article was prepared using automated systems that process publicly available information. It may contain inaccuracies or omissions and is provided for informational purposes only. Nothing herein constitutes financial, investment, legal, or tax advice.
binance/?utm_source=CVJ.Ai&utm_medium=glossary&utm_id=CVJ.AI" target="_blank">Binance has launched Medá, a new regulated entity in Mexico with a $53 million investment. The entity is registered as an Electronic Payment Funds Institution and will operate independently across Latin America. This marks a significant expansion for the world’s largest crypto exchange into the region’s growing fintech market.
- Medá is registered as an Electronic Payment Funds Institution (IFPE) under Mexican financial regulations
- The entity will operate as an independent division serving multiple Latin American markets
- Represents Binance's strategy of expanding through regulated entities in key jurisdictions
📎 Related coverage from: coinchapter.com
Related Tags: Binance
Other Tags: Mexican Peso