Mexican Billionaire Might Use Bitcoin In His Bank

June 28, 2021

Mexican billionaire Ricardo Salinas Pliego said that his banking business could start using bitcoin, becoming the first Mexican bank to accept the cryptocurrency.

According to Forbes, Salinas, who is considered the third richest man in Mexico with an estimated family wealth of $15.8 billion, owns Banco Azteca, one of Mexico’s largest banks.

Salinas said he had invested about 10% of his liquid portfolio in bitcoin and encouraged all investors to study cryptocurrencies and their future.

Bitcoin surged 7.5% on Sunday to trade at $34,500.

For more information, you may view the original story from Reuters.

Top Stories

Related Articles

March 4, 2026 Two Amazon Web Services data centres in the United Arab Emirates were “directly struck” by drones over more...

March 4, 2026 OpenAI is developing an internal code-hosting platform that could compete with Microsoft-owned GitHub, according to a report more...

March 4, 2026 Ziff Davis has agreed to sell its Connectivity division, including Ookla’s Speedtest and Downdetector, to Accenture for more...

March 4, 2026 OpenAI has amended its agreement with the U.S. Department of Defense after CEO Sam Altman acknowledged the more...

Picture of TND News Desk

TND News Desk

Staff writer for Tech Newsday.
Picture of TND News Desk

TND News Desk

Staff writer for Tech Newsday.

Jim Love

Jim is an author and podcast host with over 40 years in technology.

Share:
Facebook
Twitter
LinkedIn