Resolution criteria

This market resolves to YES if Mercado Pago (or its parent company MercadoLibre, specifically for Mercado Pago’s operations) receives official regulatory authorization to operate as a full commercial/multiple banking institution (e.g., Institución de Banca Múltiple in Mexico or a full banking charter/license in any primary operating jurisdiction such as Mexico or Brazil) before January 1, 2027, 00:00 UTC.

Otherwise, this market resolves to NO.

Resolution will be verified using official announcements from relevant financial regulators (such as Mexico's Comisión Nacional Bancaria y de Valores (CNBV) or Brazil's Banco Central do Brasil (BCB)) or official investor relations disclosures and press releases from MercadoLibre confirming receipt of a banking license.

Note: Maintaining or securing non-bank fintech registrations (such as an Electronic Payment Funds Institution / IFPE license in Mexico or a payment institution / IP license in Brazil) does not qualify; the license granted must explicitly be a full banking license. Preliminary or conditional approvals qualify only if official regulatory documentation confirms full authorization to operate or establish the banking entity.