MEXICO CITY, June 27 (Reuters) – Mexican billionaire Ricardo Salinas Pliego stated on Sunday his banking enterprise might start utilizing bitcoin, turning into the nation’s first financial institution to begin accepting the cryptocurrency.
Salinas, who’s ranked as Mexico’s third richest man with a household fortune estimated at $15.8 billion by Forbes, is the proprietor of the massive Banco Azteca banking enterprise.
Salinas final yr stated he had about 10% of his liquid portfolio invested in bitcoin. On Sunday, he stated all traders ought to examine cryptocurrency and their future.
“Certain, I like to recommend using #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.
Bitcoin rallied round 7.5% on Sunday to commerce at round $34,500.
Reporting by Diego Ore;
Writing by Drazen Jorgic
Enhancing by Sonya Hepinstall
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