Mexican Banco Azteca May Start Accepting Bitcoin Soon

Mexican Banco Azteca May Start Accepting Bitcoin
  • Multibillionaire Ricardo Salinas Pliego revealed that his banking business Banco Azteca may start accepting Bitcoin soon.
  • If this happens, Banco Azteca could become the first bank in Mexico to do so.
  • Salinas is the third richest man in Mexico and 166th in the world, according to Forbes.

Ricardo Salinas Pliego, the third richest man in Mexico and 166th in the world, announced that his Banco Azteca may begin accepting Bitcoin. If this happens, Salinas’ banking business would become the first bank in the country to accept crypto.

Read CRYPTONEWSLAND on Google News google news

Salinas wrote the reply after the release of a video of him discussing why he is strongly bullish on Bitcoin. In fact, the multi-billionaire executive said that about 10% of his liquid assets are now in bitcoins. Given his valuation at about $15.9 billion, according to Forbes, he may indeed be talking about a huge sum of money invested in the currency.

Inadvertently, Salinas’ tweet and bullish revelation on Bitcoin may have kept the crypto afloat amid shaky times. At the time of writing, Bitcoin price is at $34,491.70, according to CoinGecko.

Many countries and notable persons in Central and Southern America have expressed support for Bitcoin and other countries. Earlier, El Salvador also announced that it will give $30 worth of BTC to its citizens who will install and use the Chivo crypto application.

Crypto News Land (cryptonewsland.com) , also abbreviated as “CNL”, is an independent media entity — we are not affiliated with any company in the blockchain and cryptocurrency industry. We aim to provide fresh and relevant content that will help build up the crypto space since we believe in its potential to impact the world for the better. All of our news sources are credible and accurate as we know it, although we do not make any warranty as to the validity of their statements as well as their motive behind it. While we make sure to double-check the veracity of information from our sources, we do not make any assurances as to the timeliness and completeness of any information in our website as provided by our sources. Moreover, we disclaim any information on our website as investment or financial advice. We encourage all visitors to do your own research and consult with an expert in the relevant subject before making any investment or trading decision.

related posts