Binance Increases Presence in Latin America with $53 Million Investment in Mexico

Binance's Expansion in Mexico: Binance has launched Medá, a regulated Electronic Payment Funds Institution in Mexico, with plans to invest over 1 billion Mexican pesos ($53 million) to facilitate peso-denominated transactions, enhancing its presence in the Latin American fintech sector.

Focus on Compliance and Education: Medá operates independently while adhering to local regulations, aiming to improve service quality and reduce costs for consumers, alongside Binance's commitment to educational outreach, having provided resources to over 44 million learners globally.