The third richest man in Mexico, Ricardo Salinas Pliego, has doubled down on his help for Bitcoin, revealing plans to open the primary BTC acceptin
The third richest man in Mexico, Ricardo Salinas Pliego, has doubled down on his help for Bitcoin, revealing plans to open the primary BTC accepting financial institution within the nation.
On June 27, the Mexican billionaire tweeted his help for the widespread adoption of BTC, noting that his financial institution is “working” to grow to be the primary in Mexico to just accept the world’s main digital asset.
The feedback observe an enormous endorsement for Bitcoin by Salinas, who said that it was “completely proper” to consider Bitcoin as the brand new gold.
Certain, I like to recommend using #Bitcoin, and me and my financial institution are working to be the primary financial institution in Mexico to just accept #Bitcoin, for those who want extra particulars or data observe me on my Twitter account .
— Ricardo Salinas Pliego (@RicardoBSalinas) June 27, 2021
Salinas is the founder and chairman of Grupo Salinas, a Mexican company conglomerate spanning tv and radio community TV Azteca, client electronics retailer Grupo Elektra, soccer membership Mazatlan F.C., and main native financial institution, Banco Azteca.
Banco Azteca, which had annual income of $2.54 billion in 2020, operates in Mexico, Panama, Guatemala, Honduras, and Peru. The corporate, which started working the financial institution in 2002, presents client credit score for items, private and small enterprise loans, bank cards, mortgages, and payroll methods.
In response to the Bloomberg Billionaires Index, Salinas’ fortune has risen by $2.eight billion this yr to tag $15.eight billion.
The information outlet added that Salinas stated he invested 10% of his liquid portfolio into Bitcoin final yr. He has professed his veneration for the asset on a number of events, together with in an interview with Cointelegraph firstly of 2021.
Associated: Mexico’s second richest man says Bitcoin is his ‘finest funding ever
In September 2020, San Francisco-based crypto change Kraken grew to become the primary cryptocurrency enterprise to obtain a constitution to function as a financial institution in the USA after receiving licensing from the crypto-friendly state of Wyoming. In October of the identical yr, the Wyoming State Banking Board voted to grant monetary establishment Avanti a financial institution constitution for crypto-related companies.
Late final yr, the Workplace of the Comptroller of the Forex launched a constitution permitting fintech corporations to supply lending merchandise with out requiring oversight from state banking regulators. Crypto custodian, Anchorage, grew to become the primary crypto agency to obtain licensing beneath the constitution in January 2021.