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.
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.
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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.