Mexican Billionaire To Accept BTC for His Banking Business

Ricardo Salinas Pliego, a Mexican billionaire, endorsed the use of Bitcoin (BTC), saying his bank Banco Azteca will develop the first BTC banking business in Mexico.

The 65-year-old third-richest tycoon in Mexico said on Twitter Sunday, indicating “he recommends the use of BTC”; his bank and himself “will be the first bank to accept BTC in Mexico”.

The owner of Banco Azteca- the biggest bank in the country, responded to MicroStrategy Inc. founder Michael Saylor, who was commenting on video footage. The Mexican tycoon criticized the national fiat- Mexico peso as a “fraud” in that video, blaming the government’s failure and devaluing the fiat money.

On Sunday, Salinas said his bank and himself are working to be the first financial institution in Mexico to accept BTC in Mexico. He also suggested all investors should study cryptocurrency and its future. This Mexican crypto fan has called BTC a new gold, arguing the way is “much more portable, calling to transport Bitcoin is much easier than having pockets gold bars,”

According to data from Bloomberg, Salinas owns an estimated $15.8 billion in assets; his businesses are widespread across retail, banking and broadcast sectors. The Mexican fortune has accumulated 2.8 billion more this year. Salinas said last November that around 10% of the liquid portfolio had invested in Bitcoin.

Banco Azteca does not respond to Salinas’s latest comment so far.

On the other hand, MicroStrategy has recently acquired over 13,000 BTC, owning more than 100,000 BTC. However, the purchase did not stimulate the market to detach from the FUD sentiment, leading to a drastic fluctuation due to China tighten its regulatory supervision and strengthen its crackdown actions against Bitcoin mining activities in Sichuan provinces. 

Bitcoin was up approximately 4.30%, trading at around $34,456 during the intraday, according to Coindesk.

Image source: Wikipedia

Leave a Reply

Your email address will not be published. Required fields are marked *

doctors x videos bustyporntube.info tamana hot photos animal free mp3 download tubepatrol.sex 4kpron xvideoskerala sexo-vids.com maa bete ki sexy momo bnha hentai hentairay.com eye hentai نيك في السجن pornucho.com نيك في الجيم mobilexshare fuckholetube.com xossip aunties beeg hd sex blackporntrends.com www.indiansex videos.com xnxx tamil college girls mybeegsex.mobi gandi blue film bp picture video mein newcooltube.mobi kashmiri hot girls xnxx sex vedioes erosexus.info beeg' mom forced xnxx indaporn.info pela peli مواقع سكس هندي bombaporno.com زب مراهق politician mms goratube.mobi gokak sex video كلاسيك سكس porno-izlerim.org لحس كس مثير tere bina jeena saza bigassporntrends.com desi xossip