Binance Launches New Mexico Platform for Peso Deposits and Withdrawals

Binance has secured an IFPE license in Mexico, allowing it to bridge pesos and crypto. This move marks a significant expansion for the exchange as it aims to make digital payments more accessible in Latin America. The platform offers direct peso funding options for users, eliminating third-party hurdles. This launch reflects a broader trend of major exchanges actively navigating regulatory frameworks to gain market share, while also contributing to financial inclusion and digital payment adoption.