Browse By

Mexico’s billionaires are clamoring for cryptocurrencies

Demand for cryptocurrency investment products is increasing in Mexico. Realizing this, the second largest stock exchange in Latin America is expected to list ETF products soon, said CEO José Oriol Bosch, who is only waiting for local regulation to allow this to happen.

Mexico's billionaires are clamoring for cryptocurrencies

Mexico’s billionaires are clamoring for cryptocurrencies

Mexican billionaire Ricardo Salinas also saw the trend towards adopting cryptocurrencies and took a step forward before the stock exchange.

The founder of Banco Azteca and owner of Grupo Elektra has already said that he will support the Bitcoin Lightning network in his stores, enabling him to offer blockchain payments to his customers.

Read more:

The director of the Mexico Stock Exchange (BMV), José-Oriol Bosch, declared that he is already talking to the financial authorities in order to be able to operate products with cryptocurrencies. The announcement was made in a live videoconference, offered by the entity on its YouTube channel on October 4th.

To meet the demand of those who want to start investing, the Mexico Stock Exchange released a live video presented by the CEO himself. In it, José-Oriol Bosch addressed all the topics that a beginner should know about the financial market in order to know what their investment options are.

José-Oriol responded that effectively integrating cryptocurrency operations with their services is something they have already thought about and evaluated.

When asked: “Has BMV thought of any instrument linked to cryptocurrencies?”, he replied that they had.

6 thoughts on “Mexico’s billionaires are clamoring for cryptocurrencies”

  1. Pingback: Public employees will receive salary in bitcoin, says Miami Mayor - Digest Time
  2. Trackback: Public employees will receive salary in bitcoin, says Miami Mayor - Digest Time
  3. Pingback: New milestone: ProShares Bitcoin ETF goes public tomorrow on the New York Stock Exchange - Digest Time
  4. Trackback: New milestone: ProShares Bitcoin ETF goes public tomorrow on the New York Stock Exchange - Digest Time
  5. Pingback: Powell sold $5 million worth of shares before Wall Street sank - Digest Time
  6. Trackback: Powell sold $5 million worth of shares before Wall Street sank - Digest Time
  7. Pingback: Tesla breaks profit record at $1.6 Billion - Digest Time
  8. Trackback: Tesla breaks profit record at $1.6 Billion - Digest Time
  9. Pingback: Coinbase share price rises after sponsorship deal with NBA and alliance with Facebook - Digest Time
  10. Trackback: Coinbase share price rises after sponsorship deal with NBA and alliance with Facebook - Digest Time
  11. Pingback: Another barrier broken: Spain gives banks and exchanges a week to ask to legally operate with Bitcoin - Digest Time
  12. Trackback: Another barrier broken: Spain gives banks and exchanges a week to ask to legally operate with Bitcoin - Digest Time

Leave a Reply

Your email address will not be published. Required fields are marked *