Mexican billionaire Ricardo Salinas Pliego CEO of Banco Azteca endorsed the use of Bitcoin and said his bank is on the way to accepting the cryptocurrency.
Mexico’s central bank issued a statement Monday saying cryptocurrencies like bitcoin are not legal tender and are prohibited from being used in the country’s financial system.
Salinas, who is chairman of the bank’s parent company, Grupo Salinas, tweeted on Sunday that he thinks bitcoin is a good portfolio diversifier for investors and that he’s working with Banco Azteco “to be the first bank in Mexico to accept bitcoin.”
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