Binance sets up fiat payment agency Medá in Mexico and plans to invest $53 million
Source: ForesightNews
Time: 2025-09-01 23:58:46
According to the official announcement, Binance announced the launch of the electronic payment funding agency (IFPE) Medá, which has been authorized by Mexico, with plans to invest more than 1 billion pesos (about 53 million US dollars) in the next four years. Medá will serve as an independent operating entity to provide users with peso deposit and withdrawal services.