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SnapBots News Review-Mexican Billionaire Salinas Says His Banking Business May Embrace Bitcoin.

Bitcoin, which was up about 7.5% on Sunday, was trading at around $34,500. Mexican billionaire Ricardo Salinas Pliego has shown support to Bitcoin and the cryptocurrency market.

Mexican billionaire Ricardo Salinas Pliego stated on Sunday that his banking enterprise might start utilizing bitcoin, becoming the nation's first financial institution that's accepting the cryptocurrency.

Salinas, who is ranked as Mexico's third-richest man with a family fortune estimated at $15.8 billion by Forbes, is the owner of the large Banco Azteca banking business. He had invested about 10% of his liquid portfolio in Bitcoin last year as stated by Salinas. On Sunday, he encourages that all investors should study cryptocurrencies and their future.

“Certainly, I like to recommend the usage of #Bitcoin, and me and my financial institution are working to be the primary financial institution in Mexico to simply accept #Bitcoin,” Salinas stated in a tweet.

Source: https://www.reuters.com/business/finance/mexican-billionaire-salinas-says-his-banking-business-may-embrace-bitcoin-2021-06-28/?taid=60d91cbbbcdfda0001430266&utm_campaign=trueAnthem:+ Trending+Content&utm_medium=trueAnthem&utm_source=twitter

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