Binance announces launch of fiat currency channel Medá in Mexico, with investment of over $53 million in the next four years
Source: PANews
Time: 2025-09-01 23:44:51
PANews reported on September 1 that Binance announced the establishment of an independently operated electronic payment agency Medá, which plans to invest more than 1 billion pesos (about 53 million US dollars) in Mexico in the next four years. Medá has been authorized by the Mexican financial regulatory authorities to provide users with peso recharge and withdrawal services to promote the coordinated development of traditional finance and digital asset ecology.