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

February 10, 2026 Taiwan has flatly rejected U.S. efforts to shift a significant share of its semiconductor manufacturing to American more...

February 10, 2026 Canada is about to make history in the race for clean energy by taking a homegrown fusion more...

February 10, 2026 Canada’s worst-case scenario on artificial intelligence and disinformation may no longer be hypothetical. Researchers say the country more...

February 10, 2026 Anthropic’s newly released Claude Opus 4.6 has already uncovered over 500 previously unknown, high-severity vulnerabilities across major 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