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Billionaire working on bitcoin bank in Mexico – BTC Direct

The third richest man in Mexico, Ricardo Salinas Pliego, is known as a true bitcoin bull. He called bitcoin his best investment ever and recommends everyone to read The Bitcoin Standard. He now has plans to convert his bank (he has a bank) into a bitcoin bank.

Mexico’s first bank

On June 27, the Mexican billionaire tweeted his support for the widespread adoption of BTC, noting that his bank is working to become the first in Mexico to accept the world’s largest cryptocurrency.

With his conviction, he could only choose one path. Salinis calls it “absolutely good” to see bitcoin as the new gold.

“Of course I recommend using #Bitcoin, and me and my bank are working to be the first bank in Mexico to accept #Bitcoin. If you need more details or information, follow me on my Twitter account.”

get richer get richer

Salinas is the founder and chairman of Grupo Salinas, a Mexican business conglomerate that includes television and radio network TV Azteca, consumer electronics retailer Grupo Elektra, football club Mazatlan FC and major local bank Banco Azteca. Banco Azteca had annual sales of USD 2.54 billion in 2020 and is active in Mexico, Panama, Guatemala, Honduras and Peru. The company offers consumer credit for goods, personal and small business loans, credit cards, mortgages and payroll systems.

According to Bloomberg’s Billionaires Index, Salinas’ net worth has increased by $2.8 billion this year to $15.8 billion. Last year wrote We found that the billionaire had invested 10% of his liquid portfolio in bitcoin.

https://www.youtube.com/watch?v=IjI26_3ZEtM

Bitcoin banks in their infancy

In September 2020, Kraken became the first cryptocurrency company to receive a charter to operate as a bank in the United States after receiving licenses from the state of Wyoming. In October of the same year, the Wyoming State Banking Board voted to grant Avanti a banking charter for crypto-related services.

Late last year, the US Office of the Comptroller of the Currency introduced a charter that allows fintech companies to offer credit products without the need for special oversight. Crypto custodian company Anchorage, became the first crypto company to receive a license under this charter in January 2021.

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