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A Mexican Banking Billionaire Announces His Bank Will Support Bitcoin

One of the top banks in Mexico will soon start supporting Bitcoin.

A Mexican Banking Billionaire Announces His Bank Will Support Bitcoin
Photo by Jason Dent / Unsplash

This week the founder and chairman of Grupo Salinas, Ricardo Salinas Pliego, announced that his bank will soon support Bitcoin (BTC).  The bank, Banco Azteca, has assets under management in the billions and would be the first Mexican bank to add support for the cryptocurrency.

Ricardo Salinas Pliego is Mexico’s third richest man at an estimated net worth of $15.6B, and a very outspoken proponent of Bitcoin.  He revealed earlier in the year that he has moved 10% of his net worth into BTC, and believes it should be a part of every investor's portfolio.  In typical Bitcoin bull fashion, he changed his Twitter account to have laser eyes (that’s how you know he means business).