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binance/?utm_source=CVJ.Ai&utm_medium=glossary&utm_id=CVJ.AI" target="_blank">Binance, the world’s largest crypto exchange, has launched a new regulated entity in Mexico called Medá. The move establishes a regional fintech hub aimed at driving innovation across Latin America. Medá is registered as an Electronic Payment Funds Institution (IFPE) under Mexican regulations.
- Medá is registered as an Electronic Payment Funds Institution (IFPE) under Mexican financial regulations
- The entity will operate as an independent division focused exclusively on Latin American fintech services
- Represents Binance's fresh investment commitment and strategic expansion in the Mexican market
📎 Related coverage from: cointelegraph.com