The Mexican billionaire guarantees to start out the primary financial institution to just accept Bitcoin


Ricardo Salinas Pliego desires his financial institution to be the primary in Mexico to just accept BTC.

The Mexican billionaire promises to start the first bank to accept Bitcoin
The Mexican billionaire guarantees to start out the primary financial institution to just accept Bitcoin

The third richest particular person in Mexico, Ricardo Salinas Pliego, doubled his assist for Bitcoin, revealing plans to open the nation’s first financial institution to just accept BTC.

On June 27, the Mexican billionaire tweeted in assist of the widespread adoption of BTC, noting that his financial institution is “working” to turn out to be the primary in Mexico to just accept the world’s main digital asset.

The feedback comply with an enormous approval of Bitcoin by Salinas, who mentioned it’s “absolutely correct” to think about Bitcoin the brand new gold.

Mr. Salinas is the founder and president of Grupo Salinas, a Mexican company conglomerate that expands the TV Azteca tv and radio network, shopper electronics retailer Grupo Elektra, soccer membership Mazatlan FC and the big native financial institution, Banco Azteca.

Banco Azteca, with annual gross sales of $ 2.54 billion in 2020, operates in Mexico, Panama, Guatemala, Honduras and Peru. The firm, which started banking in 2002, provides shopper credit score for items, private and small enterprise loans, bank cards, mortgages, and payroll methods.

According to the Bloomberg Billionaires Index, Salinas’ fortune grew by $ 2.8 billion this 12 months to $ 15.8 billion.

The information company provides that Salinas mentioned it invested 10% of its liquid portfolio in Bitcoin final 12 months. He has repeatedly expressed his respect for this property.

In September 2020, San Francisco-based cryptocurrency alternate Kraken grew to become the primary cryptocurrency agency to obtain a constitution to function as a financial institution within the U.S. after receiving a license from the state. Wyoming is crypto-friendly. In October of the identical 12 months, the Wyoming State Banking Board voted to grant the monetary establishment Avanti a financial institution card for cryptocurrency-related providers.

Late final 12 months, the Office of the Comptroller of the Currency launched a card that enables fintech corporations to supply lending merchandise with out the oversight of state banking regulators. Cryptocurrency custodian Anchorage grew to become the primary cryptocurrency firm to obtain a leased license in January 2021.

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