Saturday, December 04, 2021

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Banco Azteca de Mexico to adopt payment in crypto-currencies

Banco Azteca de Mexico to adopt payment in crypto-currencies

Mexico, Jun 29 (Prensa Latina) Banco Azteca de Mexico is working on diversifying its clients into crypto-currencies and operate with the bitcoin, according to CEO Ricardo Salinas Pliego, local media reported.
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Several newspapers, including La Jornada, El Financiero and El Economista, quoted statements by the businessman on Twitter in defense of the bitcoin, which he referred to as a good way to diversify investment portfolios, and recommended studying the crypto-currencies and their future.

Pliego announced that the Bank, which is 100-percent Mexican-run and committed to promoting finance inclusion through its products and simple use services, as well as dedicated to the population unattended to by traditional banks, ‘is working on bringing them to its clients and keep promoting freedom.’

The banker affirmed that the dollar is a ‘silent death’, as ‘the dollar has stolen your purchasing power from you silently since 1913.’ ‘Buy bitcoin!’ is the publicity he shared along with the announcement on Twitter.

Crypto-currencies fell last week, with the bitcoin dropping lower than 45 percent. The capitalization on the crypto-assets market is ascending now up to 1.5 billion dollars, compared to the 2.5 billion less than a month ago.

We live in a time when crypto-currencies are not the currency of the future, but of the present, their impact on markets and industries is real, which was proved when Tesla owner Elon Musk said that he was planning on accepting the currency as payment for his firm’s electrical cars, Aurea Capital Markets commented.

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